【Project Introduction】 I once shared my asset allocation on @shawnchen_eth Podcast, which is a very thorough barbell strategy. Up to 50% of my assets are in stablecoin positions for DeFi financial mining. If you, like me, are accustomed to continuously looking for long-term DeFi protocols on-chain, you might find that most projects on the market either have low returns or complex incentives, making security and certainty difficult to assess. Until I discovered @Scallop_io, I can only say I found out too late and basically missed the early good mining wave of Sui. I later learned that many DeFi experts around me were enjoying it... This lending protocol operating on Sui has just been featured on Binance Alpha, and Cetus is currently the only Sui ecosystem coin on Binance Spot. What does this mean? It means Scallop has a high chance of being the next target to be listed on Binance Spot. Its performance truly lives up to this expectation, with TVL currently surging to 190 million and having accumulated over 5.15 million USD in revenue. In the past, it also received the first official grant from @SuiFoundation, backed by top-tier institutions like DWF, CMS, Kucoin, and Mysten Labs. What attracts me even more is Scallop's model design. It reverses the incentive by encouraging you to "borrow money" with high rewards. After users pledge assets and borrow $USDC, if paired with $veSCA, the lending yield APR can even be pulled up to four times, reaching as high as 55%+. I can assure you this is currently one of the highest levels across the chain. This is also reflected in over 38% of circulating tokens choosing to lock up for more than three years, which can be seen as not just community faith but also recognition of the protocol design, a calculated bet by experts. By this point, those who don't understand this protocol should have started looking for Docs to study. Even if you don't want to invest, take a good look at the $SCA model and think carefully about the recent relationship between Binance and Sui. Perhaps you'll also feel it's undervalued? I believe projects with achievements, revenue, and strong fundamentals like this are definitely worth savoring and thoroughly researching (BTW, the @0x_ZHUANG I retweeted the day before yesterday is Scallop's strongest young CMO!) #This article is a collaborative promotion 🤝