STREAMM | A Complete Guide to Sui's Next-Generation AMM, STREAMM\! Double-Dip on Yields with Your Sleeping Assets\!

A new DeFi (Decentralized Finance) project has emerged on the Sui blockchain that could potentially overturn the conventional wisdom of asset management. Its name is "STREAMM."

Brought to you by the team that developed "Suilend," one of the largest lending protocols on Sui, this is a next-generation AMM (Automated Market Maker, an automated cryptocurrency exchange).

In this article, we will provide an easy-to-understand, in-depth explanation of why STREAMM is called "next-generation," its innovative mechanism, and what is most appealing to us users, especially airdrop hunters: the "Point System" and the "$SEND Token Airdrop Strategy."

After reading this article, you will know all the actions you need to take to earn smartly with STREAMM!

For those of you in a hurry, here's a 30-second summary to understand the core of STREAMM.

STREAMM in a Nutshell?

An innovative AMM (automated cryptocurrency exchange) on the Sui blockchain. It's a "two-birds-one-stone" DeFi project where your deposited assets (liquidity) not only generate trading fees but also automatically put your unused "sleeping assets" to work to earn additional yield.

What's So Great About It?

1. Potential for Double-Dipping on Yields: In addition to standard trading fees, you can also aim for lending interest through its integration with "Suilend," one of Sui's largest lending services.
2. Developed by a Proven Team: Developed by the team behind the popular lending protocols "Solend" and "Suilend," its reliability and technical expertise are guaranteed.
3. Earn Points for an Airdrop: It is indicated that "STEAMM Points," earned based on your contribution to the project, will be the key to a future $SEND token airdrop.
4. STREAMM's TVL is growing!

In conventional AMMs, the portion of user-deposited assets (liquidity) not being used for trades, known as "idle assets," simply sits dormant in the pool. This was a very inefficient state, much like money in a bank vault not earning interest.

STREAMM solves this problem with an innovative mechanism called the <u>"Superfluid AMM."</u>

【Superfluid AMM】

1. A user deposits an asset pair (e.g., SUI and USDC) into a STREAMM pool (providing liquidity).
2. The deposited assets are used for traders' swaps, generating trading fees.
3. 【This is where it gets innovative!】 STREAMM automatically moves the idle assets, not being used for trades, to the lending pool of its partner, "Suilend."
4. As the assets are lent out on Suilend, additional lending interest is generated.
5. The goal is for this additional interest to also be returned to the users (LPs) who deposited the assets.

In other words, LPs (Liquidity Providers) can aim for two sources of revenue—trading fees and lending interest—simultaneously just by depositing their assets once. No cumbersome extra steps are required. It's a dream-like system where "sleeping assets start working on their own."

What CandyDrops readers are most interested in is, of course, the airdrop. STREAMM has prepared an attractive point system to reward its early contributors.

What are STEAMM Points?

These are points you can earn based on your activity on STREAMM (primarily providing liquidity). It has been explicitly stated that these points will be the basis for the second phase of the airdrop for $SEND, the common token of the Suilend ecosystem.

How Can I Earn Points?

Currently, the most efficient way to earn points is by <u>"providing liquidity to designated pools (LPing)."</u>

Action Plan:

1. Prepare a Sui-compatible wallet: Such as Suiet or Sui Wallet.
2. Go to STREAMM and connect your wallet.
3. Provide liquidity to a points-eligible pool.
   • e.g., SUI-USDC, wBTC-SUI (※Always check the official website for the latest list of eligible pools)
4. Continue holding your LP position to receive points periodically.

【User Actions and Expected Returns】

Hint: The Suilend ecosystem consists of three parts: the lending platform "Suilend," the liquid staking platform "SpringSui," and this AMM, "STREAMM." By combining these, complex strategies (yield stacking) like "staking SUI to get stSUI, and then using that stSUI in STREAMM" become possible, potentially aiming for even greater returns.

The appeal of STREAMM isn't just its point system. There are three strengths that suggest the project's success.

1. Synergy from a Powerhouse Duo: Suilend and STREAMM are created by the same development team, making them like siblings. This enables a level of smooth and secure integration that other AMMs cannot replicate.
2. A Revolution in Capital Efficiency: The aforementioned "Superfluid" feature is a powerful weapon for maximizing LP profitability. Capital seeking higher returns from around the world may flock to STREAMM.
3. A Central Role in the Sui Ecosystem: As the Sui blockchain grows, so too will the value of STREAMM as a foundational exchange on top of it. As new sectors that Sui is focusing on, such as BTCfi (Bitcoin-related DeFi) and RWA (Real-World Assets like real estate), develop, new tokens will be listed on STREAMM, boosting trading activity.

The mainnet launch is scheduled for March 2025, with more features and campaigns expected to follow.

While high returns can be expected, DeFi always comes with risks. To protect your valuable assets, be sure to understand the following points.

• Smart Contract Risk: There's no guarantee that the program is free of bugs. In a worst-case scenario, funds could be lost.
• Impermanent Loss (IL): A risk specific to liquidity provision. If the prices of the two tokens you deposited diverge significantly, you could end up with less value than if you had simply held them. The additional yield from Superfluid may not always cover IL.
• Project-Specific Risk: STREAMM is still a new project. Also, due to its structure, if its partner Suilend encounters problems, STREAMM could be directly affected.
• Token Price Volatility Risk: Even if you receive $SEND tokens in a future airdrop, their price is not guaranteed.

Investment is at your own risk. Participate cautiously with funds you can afford to lose without impacting your livelihood.

STREAMM is not just another new AMM. It is an ambitious project that aims to maximize capital efficiency to its limits with the innovative "Superfluid" concept and become the liquidity hub for the entire Sui ecosystem.

Development by a proven team, the tailwinds of the high-speed, low-cost Sui blockchain, and above all, an attractive point system and the anticipation of an airdrop for users. These elements combine to make STREAMM one of the most noteworthy projects in the 2025 DeFi scene.

Of course, the risks are not zero. However, participating early with an understanding of those risks holds the potential for significant first-mover advantage.