The capital market for global tokenized yield Backed by @SuiFoundation Risk management: @AllezLabs
- Tweets 870
- Following 370
- Followers 5,478
- Likes 1,413
@noon_capital and @CurrentSUI hold sUSN to the same standard: security first, then yield.
Before opening the sUSN-USDC Multiply vault, we upgraded our oracle to @StorkOracle, had it tested by @AsymptoticTech, and calibrated risk with @AllezLabs
sUSN was built to bring institutional-grade yield to everyone, so we're taking it to the chains where users are showing up.
@SuiNetwork is one of the fastest growing, and it was next on our list.
With @CurrentSUI, anyone on Sui can loop sUSN in one click through the sUSN-USDC Multiply vault. Current upgraded its oracle to @StorkOracle to support it, tested by their team and @AsymptoticTech.
The sUSN contract on Sui was audited end to end by @MoveBit_ before launch, with zero vulnerabilities found.
Underneath is the setup that protects sUSN on every chain. Contracts are audited by @sherlockdefi, @Quantstamp, @HalbornSecurity and @Hashlock_, with timelocks and a protocol pause. Assets sit with regulated custodians. An insurance fund takes 10% of protocol revenue. New strategies need a public governance vote that runs for at least two weeks.
Almost two years live, zero security incidents.
Full breakdown: noon.capital/safety
4
8
51
11,295
Current retweeted
1/ Road to Basecamp, day 12 🧵
Over $122M in deposits, three products live and another coming. @CurrentSUI deserves more attention outside the Sui bubble.
I’ve been using it for a couple of months. With @Chrisrevault speaking at Basecamp, a few thoughts 👇
2
4
27
905
For all the $SUI holders, now your holdings can earn 5.3% APR on Current. One of the best rate, no complexity
One simple click
Deposit
5.3% yield
Only at Current
11
9
72
4,478
The tide is getting higher. One of the best strategy currently at Current.
$sUSN Multiply on @currentSUI is running at 21.03% APR.
That comes from $sUSN's own return, the $USDC borrow rate and SUI rewards on top, all in one looped position.
4
2
30
1,267
The ☝🏼stands for
No.1 place for borrowable $USDC liquidity on @SuiNetwork
No.1 place for lowest $USDC borrow rate, as low as 3.7%.
Surfers, what else do you feel the ☝🏼stands for.
USDC on Sui 👀
@CurrentSUI’s sUSN Market currently displays 9.9% supply APR.
Deposit here : app.current.finance/lend
3
1
25
1,422
$sUSN is the yield-bearing staked version of @noon_capital $USN stablecoin. $USN is backed 1:1 by reserve assets, while $sUSN accrues yield generated from @noon_capital 's diversified strategies across TradFi, CeFi, and DeFi. On Current, $sUSN can be used as collateral and as the base asset for leveraged yield strategies.
4
264
Supply $USDC on sUSN market is currently making a double digit yields.
For the new surfers, -4.4% Borrow rate means you actually earning incentives when borrow $USDC in the sUSN market. This is reflected in the 20+% APR when you open a sUSN-USDC loop position in Multiply.
Try here:
app.current.finance/multiply
sUSN-USDC position is receiving 12x Current Point booster, limited time only.
1
22
1,646
Current has successfully passed Sui Security control and we welcome all users to surf the Current with the best security and APR on @SuiNetwork
Surf here:
app.current.finance/lend
Following the Sui Security Team’s identification of and assistance with the resolution of @AlphaFiSUI 's misconfiguration of their ALPHA oracle and subsequent creation of bad debt, AlphaFi is winding down operation of their protocol.
Sui Foundation has made the decision to provide assistance in order to ensure that the protocol is wholly solvent. No user funds are impacted.
Withdrawals are open. If you are holding any existing borrow positions, you may unwind and withdraw your assets from AlphaLend.
For Slush users, you may withdraw your generated yield and principle from USDC, SUI, WAL and DEEP Strategies with no wait period. Should you currently have a withdrawal request pending, please cancel and withdraw again to receive your funds instantly.
Sui Security Team’s security tooling aided in the identification of this misconfiguration. Following the tool’s formal launch later this fall, it will be available as a public good to all DeFi protocols on Sui.
4
7
69
4,121
The current is going strong.
Check data in detail here.
allez.xyz/dashboards/current…
5
31
1,579
Check it out!
2/ Under the hood, our lending vault integrates multiple lending venues across Sui:
including @navi_protocol, @CurrentSUI, @suilendprotocol, @Scallop_io and @AlphaFiSUI, with Cetus Vault serving as a buffer pool for more flexible liquidity management.
The strategy continuously adjusts allocations based on market conditions, protocol performance and available liquidity.
2
29
1,594
The 1 stands for $100M total supply
USDC on Sui 👀
@CurrentSUI’s sUSN Market currently displays 9.9% supply APR.
Deposit here : app.current.finance/lend
6
2
34
1,914
Check details here
the full Current page, similar for our other partners
current.asymptotic.tech/lend…
1
1
20
1,693
Current Season 2 Update >>
8500 Current Points -> 1 Surf Board NFT
Season 2 is ending in 36 days, hop while the wave is still ashore!
>>Current Point Season 2
46,000 $SUI and 5,000,000 $CRT up for grabs.
🏄 Surf Boards are your ticket to Season 2 rewards.
Mint Surf Boards with your Current Point in Season 2.
Earn Points
↓
Mint Surf Boards NFT
↓
Stake Surf Boards
↓
Mine $SUI + $CRT from rewards pool
The beach is open. Surf Board is coming soon.
8
8
46
2,803
Chris’s got a point.
Deposit here:
app.current.finance/lend
USDC on Sui 👀
@CurrentSUI’s sUSN Market currently displays 9.9% supply APR.
Deposit here : app.current.finance/lend
2
2
28
1,321
Now protocol monitoring dashboard is directly accessible from the footer of app.current.finance
Check it out
7
2
27
1,884