Cetus Protocol establishes a special development fund to promote a new round of ecological project IDOs and a series of airdrop activities

ChainCatcher news, according to Cetus, insiders from the SUI internal team revealed that they will soon promote the IDO process for some high-value ecological projects on the chain. It is reported that some of these projects have reached deep strategic cooperation with Cetus, and in the future, they may all use Cetus as the designated liquidity provision platform for the projects.

To promote the development of these high-quality ecological projects on SUI, Cetus has established a dedicated development fund to support the growth of these projects, planning to provide benefits to users who support these projects through airdrops. The fund distribution rules are currently under discussion, and it is expected that the airdrop rules will be related to addresses holding Cetus on the SUI mainnet.