Cover photo

Interest Protocol

Interest Protocol is a Shaping the Future of Decentralized Finance. Move-Secured DeFi, Powered by the Fastest Chains.

Token creation, trading, and Launchpad with Sui Coins Innovation with open-source Sui Move library with Sui Tears.

Interest Protocol DEX is Live on Sui Network

Step 1 — Here’s the link to our DEX — https://sui.interestprotocol.com/en-US/dapp/dex

To start using our DEX on Sui, you need to connect to the Sui Wallet. To do this,** add the wallet extension** to your browser.

Once you have added the wallet extension to chrome, click on it and get started.

Step 2 — Create a ‘New Wallet’ or install an ‘Existing One’.

Once you create a new account or install an existing wallet, you will need some Sui Tokens for Gas.

Step 3 — To get Sui Tokens, head over to the Sui Discord. Under ‘Developers’, you will see the channel ‘devnet-faucet’.

Open this channel and type ‘!faucet (your Sui wallet address)’. Check the below screenshot for reference.

As soon as you send this message to the channel, 5 test Sui Tokens will be credited to your Sui Wallet, and you will receive a confirmation from the SuiBot in the channel.

Step 4 — Once you have some Sui tokens to pay for the gas, open this link to access our faucets.

On the right side, you can see the balances. We currently have 0.2 Sui Tokens. Keep in mind that Sui uses an object system. E.g., you can have 1 Sui token broken down into 4 coins (0.25 each).

Step 5 — To get more tokens in your account, you can choose a specific token and mint it.

Let’s try BNB. On the left, select BNB and mint.

Approve the transaction, and you will see that 1 BNB has been added to your balances. (These are just Test Tokens, they have no value.)

Similarly, you can request more Sui Tokens. However, to get more Sui, you must already have enough Sui tokens to pay for the transaction gas.

Step 6: Let’s go back to our DEX.

We aimed for a simple interface designed to streamline the user experience. Select swap and pool.

The Pool interface is under development. You can see the available markets listed here; you can’t add or remove Liquidity or join a Pool.

In the Swap section, you can select the tokens that you want to sell and buy.

Like in the below screenshot, we chose 0.1 SUI to sell to buy ETH.

Click on ‘Swap’ and Approve the transaction from the Sui Wallet’s popup on the top-right.

After this swap, you will receive 4 ETH against 0.1 SUI.

Once the transaction is successful, click on the ‘SUI Explorer’ option that appears at the bottom-right side of the page to check the transaction details.

Note — In case your transaction fails, it is important to understand that our DEX only supports no hopping swaps. That means you can swap between –

  • BNB/ETH

  • BTC/ETH

  • DAI/ETH

  • ETH/USDT

  • ETH/USDC

  • ETH/SUI

If you swap between USDC and USDT, it will fail due to multi-hopping.

DEX supports Ethos and Martian wallets.

Below is the list of the upcoming features:

Multi-hop Swaps· Add/Remove Liquidity· Farms/MasterChef· Stable swap invariant· Concentrated Liquidity and· Lending

Products

1.Suicoins

Effortless coin minting and distribution; swapping and liquidity management

https://www.suicoins.com/?from=SUI&to=USDC

2.Interest DEX

Explore all the tooling available on SuiCoins, but in a different blockchain.

https://movement.interestprotocol.com/

3.Suitears

Ready-to-use suite of smart contracts. Learn from the best.

https://www.suitears.com/

We look to expand our community and ecosystem. So if you want to learn more, be part of the development, and connect with the team and the community, join our Telegram and Discord.