Creek Finance pioneering gold tokenization protocol on Sui Blockchain

[Digitalbitcoin]

The decentralized finance (DeFi) landscape on Sui blockchain is heating up with launch of Creek Finance Protocol Airdrop highly anticipated incentivized testnet.

The highly anticipated Creek Finance Protocol launching with its “Gold Rush” incentivized testnet on the Sui blockchain.

This is your chance to earn $AURA tokens by exploring a pioneering DeFi protocol before its mainnet launch.

▶️ What is Creek Finance Protocol?

Creek Finance Protocol is not just another lending platform. It’s a sophisticated liquidity protocol built on the high-performance Sui Network, introducing:

$XAUM: A digital asset pegged to the value of gold, bringing a new store of value into the DeFi ecosystem.
Dual-Token Staking: When you stake $XAUM, you mint $GR (Growth) and $GY (Yield) tokens, creating a more dynamic and flexible staking experience.
Full-Service Vaults: The protocol allows users to use various assets, including $GR and $SUI, as collateral to borrow the native $GUSD stablecoin.

▶️ How to Qualify for the Creek Finance Protocol Airdrop

Participating in the testnet is the primary way to qualify for the Creek Finance Protocol Airdrop. Follow these steps to ensure you earn your $AURA rewards:

The Foundation: Start by minting $XAUM from the testnet faucet.

Core Mechanics: Stake and redeem your $XAUM to understand the heart of the protocol

Advanced DeFi: Dive into the lending markets by depositing collateral, borrowing $GUSD, and repaying loans.

Ecosystem Features: Test the stablecoin pegging module by swapping between USDC and GUSD

▶️ Maximizing Your $AURA Rewards

Beyond the core protocol interactions, the campaign rewards consistency and community growth. Don’t overlook these key tasks:

Daily Check-ins: Your first interaction each day counts, with badges for 3, 5, 7, and 14 consecutive days.
Referral Program: Amplify your earnings by referring others, with tiers at 3, 7, and 21 successful referrals.
Social Integration: Connect your Twitter and Discord accounts to stay updated with the latest news and community events.
By completing this curated list of tasks, participants not only earn $AURA but also play a vital role in stress-testing and securing the protocol before its mainnet launch.


🔎 Final Thought on Creek Finance Protocol

The Creek Finance Protocol Airdrop is a premier event on Sui Blockchain, offering a seamless way to earn tokens. Whether you’re a DeFi veteran or new to crypto, this is your gateway to a protocol where gold meets DeFi yield.

Join the Creek Finance Protocol Testnet Airdrop claim your tokens and invite your friends for bonus!

To get more detailed information, knowledge, and resources, start with its documentation https://docs.creek.finance/

[Digitalbitcoin]

Bringing the stability of gold to the innovation of DeFi. ✨

Say hello to the Creek Finance Protocol Airdrop! This new protocol on the Sui Network is changing the game with $XAUM, a gold-pegged asset, and a revolutionary dual-token staking system.

[BattleDog]

Looks interesting... XAUm itself is legit gold-on-chain (Matrixdock's thing), so the "gold on Sui" angle isn't entirely made of cardboard.

That bing said, however... the site leans on "risk-free 5%" language for staking, which is... optimistic for something still finding its feet. I also saw mixed messaging on audits ("in progress" vs "completed") with no actual report linked. And their peg module takes a 0.3% redemption fee to a team address, fine if that's the business model, just say it loudly in the app.

All in all, cool experiment, separating gold's chill from its wiggles on Sui is a neat idea. If they publish contract addresses, a real audit, and tone down the marketing sugar, I might try this out with some size.

[Digitalbitcoin]

 A new era for gold is here. With Creek on Sui, it's no longer just a static asset in a vault. It becomes programmable, composable capital. Earn yield on it, use it as stablecoin collateral, or trade its volatility—all on-chain. This is the future.

[Digitalbitcoin]

Looks interesting... XAUm itself is legit gold-on-chain (Matrixdock's thing), so the "gold on Sui" angle isn't entirely made of cardboard.

That bing said, however... the site leans on "risk-free 5%" language for staking, which is... optimistic for something still finding its feet. I also saw mixed messaging on audits ("in progress" vs "completed") with no actual report linked. And their peg module takes a 0.3% redemption fee to a team address, fine if that's the business model, just say it loudly in the app.

All in all, cool experiment, separating gold's chill from its wiggles on Sui is a neat idea. If they publish contract addresses, a real audit, and tone down the marketing sugar, I might try this out with some size.

Its already Powered by Matrixdock. Have a look at https://matrixdock.substack.com/