Flowing Pledge Agreement SHUI and Swappi AMA Transcript: Conflux Ecosystem Defi Project Bull Market Outlook

On the evening of March 29, two important projects in the Conflux ecosystem, SHUI and Swappi, co-hosted a Twitter AMA event. During this event, guests from both sides discussed the roles of their respective projects within the Conflux ecosystem and their future development plans.

SHUI is a liquid staking protocol supported by Blockbooster and the Conflux Foundation, aimed at unlocking liquidity within the Conflux ecosystem. The project recently completed a seed round of financing led by Blockbooster, with participation from the Conflux Foundation. The SHUI team has a background in technology and finance, with members coming from leading exchanges in the industry and well-known tech companies in the Greater Bay Area.

In the AMA, the SHUI team emphasized the unique advantages they offer to CFX ecosystem users, including competitive yields, instant redemption, and deeper liquidity pools. The protocol is fully open-source and has passed an audit by Salus. Within a month and a half of launching on the mainnet, the TVL reached $7.5 million, and a TGE and IDO are set to take place in early April.

The SHUI team also revealed some exciting recent developments. In the upcoming token airdrop, SHUI will distribute airdrops to affected Goledo users, CFX holders, public test participants, and SHUI staking users. Users who have interacted with other staking protocols within the ecosystem will receive an additional 25% airdrop bonus. In addition to the airdrop, SHUI plans to collaborate with OKX Web3. Besides planning to launch the OKX Web3 Discover section in April, SHUI also aims to integrate features such as airdrop claims within OKX Web3.

Team members also announced that the upcoming V2 version will include updates such as liquidity mining, a full asset dashboard, and multilingual localization. Furthermore, SHUI aims to become one of the first DeFi protocols to support the HKD stablecoin from AnchorX and explore the possibility of launching staking services on BTC L2.

As a partner of SHUI, Swappi will provide support for the SHUI token. Users can add liquidity pairs related to the sCFX token on Swappi to earn dual rewards in both SHUI and PPI tokens. Currently, the total locked value of the sCFX and CFX trading pair on Swappi is close to $2 million. This means that even in extreme market conditions, Swappi can ensure the liquidity of SHUI users' assets and safeguard their security.

The total supply of SHUI tokens is 100 million, and its IDO will take place on the Swappi Launchpad, with all airdrops being 100% unlocked at the TGE. The IDO will include a whitelist round and a public sale round. Through the SHUI token, users can gain more voice in the development of the protocol, and the token is also the largest asset of the SHUI DAO. Additionally, SHUI's economic model provides users with the potential to achieve excess returns.

This AMA event highlighted the important roles of SHUI and Swappi in driving innovation within the Conflux ecosystem. As Conflux continues to evolve, these two projects offer users new opportunities to participate in and benefit from this ecosystem.