Golden Finance recently reported that Sui Network officially announced the winning team information of Sui Liquid Staking Hackathon. The Sui Foundation will provide 25 million pledged SUI and distribute it evenly to the top three teams: Aftermath Finance, Haedal Protocol and Volo. Among them, Aftermath Finance provides fully on-chain, decentralized and liquid extensions for Sui's native staking mechanism; Haedal Protocol is a liquid staking protocol built on Sui; Volo is a decentralized liquid staking platform.
In addition, Aftermath Finance, Bucket Protocol and Wisp Swap received SUI tokens worth US$50,000, US$30,000 and US$20,000 respectively. Bucket Protocol is the Sui ecological CDP protocol, while Wisp Swap is the DeFi protocol. The entire event demonstrates Sui Network’s active support for the DeFi and BRC 20 fields, and is expected to further promote market development.