Building a dynamic liquidity layer on Sui is not a direction born for short-term hype. @ferra_protocol is not focused on volume rankings but rather on how liquidity actively adjusts with market changes—transforming funds from being passively idle in ranges to becoming a schedulable, feedback-capable system resource. This design is inherently more suitable for being established on a high-performance chain like Sui, and it also resembles laying a "foundation" for the entire Decentralized Finance ecosystem.

But what really makes me feel that @ferra_protocol is worth writing about this round is its participation method in Kaito Yap.
This time there is no threshold to enter the list without Yap, meaning that content is no longer monopolized by existing top creators. New creators, research-oriented accounts, and even niche language communities all have the opportunity to enter the list based on recognition itself. This point actually aligns very well with Ferra's own concept of "dynamic, non-static distribution"—whether it's liquidity or attention, it should not remain confined within the original structure.

Looking at the reward structure, it also releases a longer-term signal. Ferra allocates 0.25% of the total supply as Creator incentives, of which 0.25% is released at TGE, covering the top 400 creators globally, 300 creators from China, Japan, and South Korea, as well as Kaito ecosystem participants. Using tokens instead of fixed cash as rewards essentially ties the future of creators and projects together—the reward is not just about how much one gets, but how much it will be worth in the future.

Many projects' incentives are just about buying exposure; Ferra is more like inviting you to participate in the co-construction of a narrative for a layer of infrastructure in advance.