Recently, the crypto assets market experienced a massive Get Liquidated of $190 billion, which dealt a heavy blow to the entire industry. However, amidst this storm, the leading lending platform Scallop within the SUI ecosystem demonstrated remarkable resilience.



Scallop not only maintains a robust fundamental but also continuously generates positive cash flow. Its Total Value Locked (TVL) has surpassed the 100 million dollar mark, accumulating 6 million dollars in revenue, demonstrating its stability amid market turbulence.

According to Messari's latest report, Scallop's economic model is impressive. Approximately 50 million SCA tokens are locked, accounting for 20% of the total supply, and even more astonishingly, 40% of the circulating supply. In other words, almost half of the market circulating tokens are frozen for the long term.

What is even more noteworthy is that the average lock-up period of these tokens reaches 3.71 years. Considering that the longest lock-up period is 4 years, this data indicates that the vast majority of Scallop supporters have chosen the longest lock-up duration, demonstrating their strong confidence in the long-term value of the project.

The veSCA model adopted by Scallop is key to attracting users for long-term holding. For experienced DeFi participants, the model of locking assets in exchange for a 4x lending yield bonus is highly appealing. This design not only provides users with stable and considerable long-term returns but also effectively reduces market selling pressure, achieving a win-win situation for user interests and protocol security.

Through this innovative economic model, Scallop successfully integrates user interests with platform security, providing participants in the SUI ecosystem with a powerful tool to navigate market cycles. In the current volatile Crypto Assets market, Scallop's performance undoubtedly offers a noteworthy case for the entire industry.
SUI-3.54%
SCA-3.13%
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LiquidatedTwicevip
· 9h ago
Get Liquidated is alive again
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GweiWatchervip
· 20h ago
The bull run is just around the corner.
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MEVHuntervip
· 20h ago
gas is the eternal god! 3.71 years, the Arbitrage opportunity is stable.
View OriginalReply0
ProofOfNothingvip
· 20h ago
Got it, stable.
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zkProofGremlinvip
· 21h ago
buy the dip嘛就现在了
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CryptoHistoryClassvip
· 21h ago
*checks 2017 charts* same tokenomics as $luna... we all know how that ended
Reply0
BlockchainFoodievip
· 21h ago
tasty TVL growth fr... scallop marinating in that sweet sweet liquidity
Reply0
bridgeOopsvip
· 21h ago
No wonder it's a scallop bull.
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