Earn with Momentum: How MMT Finance Rewards Early DeFi Users

TL;DR:
Momentum (MMT Finance) is a Ve(3,3) DEX on Sui that rewards users richly for participation via swapping, liquidity provision, locking tokens (veMMT), and quests. OKX Web3’s “Momentum” giveaway was a large rewards campaign in MMT tokens (~US$1M) to engage users via DApps, aligning well with Momentum Finance’s incentive model. If you follow safe practices, this is an opportunity to earn and learn about next-gen DeFi.


What is Momentum Finance (Formerly MSafe)?

Momentum Finance is a decentralized exchange (DEX) built on the Sui blockchain, designed around the ve(3,3) tokenomics model. Formerly known as MSafe, it offers both liquidity provisioning and token launch capabilities. It aims to align incentives among traders, liquidity providers (LPs), token lockers, and the broader protocol.

Core features include:

  • Concentrated Liquidity Market Maker (CLMM) pools for better capital efficiency.
  • Dual-token / dual-stake model: MMT (governance, incentives, rewards) and veMMT (vote-escrowed locked token giving governance/voting power and boosted rewards) based on duration of locking.
  • Full redistribution of emissions, trading fees, and other rewards back to users (traders, LPs, token lockers) under the ve(3,3) model.

  • Rapid TVL & Volume Growth: Since launch, Momentum has achieved tens of millions in TVL and substantial swap volumes, showing rising adoption.
  • Strong Backing & Funding: Raised about US$10M in strategic rounds involving prominent investors (OKX Ventures, Coinbase Ventures, Amber Group, etc.).
  • Tokenomics Innovation: The ve(3,3) model (inspired by Aerodrome / Curve) is rare and appealing — it aims to build sustainable growth rather than just short-term liquidity mining.
  • Quests / Incentive Campaigns: Momentum runs “WAGMI Trading Competition”, “LFG Ramp-Up Liquidity Phase”, and Bricks-based tasks to earn rewards, boosting user engagement.
  • Security & Governance Measures: Audited contracts, incentive to lock tokens (veMMT), community oversight after incidents (e.g. handling of TVL drop) show the protocol takes risk seriously.

OKX Web3 Campaign: Momentum Giveaway — Key Details

  • Campaign Name: Momentum (OKX Web3 Boost Giveaway)
  • Key Partner / Protocol: Momentum Finance (MMT / ve(3,3) DEX on Sui)
  • Category: Web3 Rewards / Giveaway / DeFi Engagement
  • Reward Structure:
    • Token: MMT
    • Total Pool: US$1,015,000 in MMT
    • Distribution Method: via quests / task-completion across DApps (social tasks, connecting wallet, etc.)
    • Eligibility & Duration: the event ran from June 25, 2025, 15:00 to August 24, 2025, 15:00 (UTC) and is now ended.
  • Campaign Page: Visit OKX Web3 Momentum Giveaway Page (Check for historical info or future campaigns)

Why Participate / What’s the Upside

  • Chance to earn MMT tokens for relatively low friction tasks (social, DApp interaction).
  • Aligns with Momentum’s longer-term value model: early participants may benefit if veMMT governance and rewards become more valuable.
  • Exposure to a DEX offering lower fees, deeper liquidity, and a relatively new protocol — good learning opportunity.

Risks & What to Watch Out For

  • Giveaway has ended; future campaigns may differ in eligibility, rewards, or token value.
  • Token price volatility: MMT value could fluctuate heavily.
  • Smart contract risk: though audited, DeFi always carries risk from exploits or protocol design changes.
  • Opportunity cost: tasks require time and possibly gas fees; weigh whether rewards justify effort.

Conclusion

Momentum Finance is among the more innovative DeFi projects right now, thanks to its ve(3,3) model, strong incentives, rapid growth, and solid backing. OKX’s Momentum giveaway was well-aligned with how Momentum works: rewarding early and active users across the ecosystem. If you’re someone interested in earning via DeFi tasks, engaging with new DEXs, and possibly governance, this protocol and its reward campaigns are worth your attention.


FAQ

A tokenomics design that combines vote locking (ve-tokens), staking & emissions, and sharing of trading fees/rewards among users. It encourages long-term engagement and alignment of incentives among all parties — LPs, token lockers, traders.

You lock MMT tokens for a period of time. The longer you lock, the more veMMT you earn, which increases your vote power and boosts your share of emissions & rewards.

Bricks seems to be a points- or quest-based system to engage users (through trading, adding liquidity, referrals, etc.). These help users qualify for rewards or level up in Momentum’s campaigns.

If the campaign had been active, yes—if you were able to complete tasks, interact with supported DApps, connect your wallet, etc. They offered significant MMT rewards. But since it has ended, just observe for next rounds.

Vastuuvapauslauseke
Tämä sisältö on tarkoitettu vain tiedoksi, ja se voi kattaa tuotteita, jotka eivät ole saatavilla alueellasi. Sen tarkoituksena ei ole tarjota (i) sijoitusneuvontaa tai sijoitussuositusta, (ii) tarjousta tai kehotusta ostaa, myydä tai pitää hallussa kryptoja / digitaalisia varoja tai (iii) taloudellista, kirjanpidollista, oikeudellista tai veroperusteista neuvontaa. Kryptoihin / digitaalisiin varoihin, kuten vakaakolikkoihin ja NFT:ihin, liittyy suuri riski, ja niiden arvo voi vaihdella suuresti. Sinun on harkittava huolellisesti, sopiiko kryptojen / digitaalisten varojen treidaus tai hallussapito sinulle taloudellisen tilanteesi valossa. Ota yhteyttä laki-/vero-/sijoitusalan ammattilaiseen, jos sinulla on kysyttävää omaan tilanteeseesi liittyen. Tässä viestissä olevat tiedot (mukaan lukien markkinatiedot ja mahdolliset tilastotiedot) on tarkoitettu vain yleisiin tiedotustarkoituksiin. Osa sisällöstä voi olla tekoälytyökalujen tuottamaa tai avustamaa. Vaikka nämä tiedot ja kaaviot on laadittu kohtuullisella huolella, mitään vastuuta ei hyväksytä tässä ilmaistuista faktavirheistä tai puutteista. OKX:n pörssi ei tarjoa OKX Web3 Walletia ja sen oheispalveluita ja niihin sovelletaan OKX Web3 -ekosysteemin palveluehdot.

Aiheeseen liittyvät artikkelit

Katso lisää
Ethereum generic thumbnail
Ethereum

What are Ethereum gas fees?

As the world moves to decentralized finance (DeFi), more people are utilizing the Ethereum network, making Ethereum's gas fees a topic of discussion in the Web3 space. The utility of Ethereum's ecosystem has resulted in higher gas fees and increased congestion on the network.
22.9.2025
Aloittelijat
4
okx learn default
Ethereum
DeFi

Ethereum 2.0: Impact on Users, DApps, DeFi and Markets

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is expected to launch its much-anticipated ETH 2.0 upgrade in the second half of 2020. The upgrade marks a major shift for t
22.9.2025
2
Forward Contracts vs. Futures Contracts What Are the Differences
Ethereum

7 common misconceptions about Ethereum’s Merge

Misconceptions around “The Merge” — Ethereum’s network switch from energy-intensive proof-of-work to environmentally friendly proof-of-stake — are rampant. From social media to mainstream media, there
22.9.2025
2
NFTs generic
Blockchain
Ethereum
Protocols

All about Ethscriptions: the Ethereum protocol rivaling Bitcoin ordinals

Bitcoin ordinals took the Web3 world by storm following their introduction in January 2023. The adoption of ordinals has been massive, with millions of inscriptions being created in the few months since launch.
22.9.2025
3
Ethereum generic thumbnail
Ethereum

What's Ethereum Name Service (ENS)?

In the early days of the internet, if you wanted to access a website, you had to type in an IP address – a long string of numbers that identified a particular server. This was a cumbersome and error-p
22.9.2025
6
Private keys
Protocols

Goldfinch Protocol Explained: A Beginner's Guide to Decentralized Lending and Borrowing

The blockchain industry has been focusing on developing Web 3.0 for several years now. This has led to the development of the metaverse, interoperability, decentralized finance (DeFi), and other produ
22.9.2025
Katso lisää