Scallop price

🤿 DiverS x Scallop 🐚 A new Mythic creature has surfaced in the DiverS sea — SCALLOP! Now live in-game, dive in and try to collect this Mythic rarity find! 🌊 When two Sui-native forces align, the ocean gets deeper. That’s the power of building on @SuiNetwork 💧 Shoutout to our friends @Scallop_io 🤝 🎁 A special giveaway for veSCA holders is coming soon. Stay tuned! #Scallop #DiverS #SuiGaming #SuiNetwork

『 Shell : Will it be the next Pendle ? 』 Shell @Scallop_io is one of my favorite protocols in the SUI ecosystem If you want to talk about SUI revenue strategy, you have to talk about shells first Although it is not the same as the Pendle mechanic, the shell made me feel like a very early Pendle ~ trust my instincts (most of my Pendle is $0.5 entry) 1️⃣ Shell vs Pendle comparison 🔹 Shell's Market Cap is 1/40 of Pendle's ; The TVL is 1/20 🔹 The "lock-up rate" of Beike tokens is similar to that of Pendle, but the point is that the average lock-up period of Beike tokens is 3.7 years, and Penlde only has 1 year What is the magic of Beike that allows users to willingly lock up for an average of 3.7 years ? (More on that later) 🔹 Over the last 30 days, Pendle is 900k and Shell is 1.45m slightly higher than Pendle // 2️⃣ Shell mechanism fascinating place The core gameplay of Shell is that you need to buy $SCA, lock it into veSCA, and then go to greatly boost the income (I think it's worth buying) Locked-in veSCA Benefits: 1. Loyalty Program : According to the amount and time of locking veSCA, it will be airdropped from time to time, and this part of the income is not very much at present 2. Referral Program: If someone else uses your link, they can get a discount on their borrowing fees; You can also get a portion of the borrowing fee Welcome to use my link : 3. Revenue Enhancement ⭐️⭐️⭐️ This is the point, the core gameplay 🔥 That's why everyone is willing to lock up for 3.7 years Example: You deposit a sum of money into Scallop and borrow USDC out You can get a reward for lending money, and the reward will be higher than the interest Let's say you lock 100,000 veSCA today for 4 years Loan $20,000 and APR up to 4x (maximum) = APR 40% Lending $50,000 , APR Reward 3x = APR 30 % Loan $100,000 , APR Reward 2x = APR 20 % PS: The APR floats (The above are the APR after deducting interest, the more you stake, the greater the amount of veSCA can be increased) ✅ Emphasis ~ Emphasis ~ Focus "Different lending pools have different conditions for growth" You can try to do a loan allocation to maximize your returns For example: USDC The reward APR of the amount you lend has reached the maximum 4 times, but there is still a limit to borrow, and the reward multiplier will decrease if you borrow more, however, you can borrow different stablecoin pools USDY / FDUSD / USDT to keep the reward APR 4 times In addition, there are SUI/ETH/WAL lending pools that can be played in this way ✅ Key ~ Key ~ Key ~ Key ~ Key Points The money you borrowed You can also set another layer, staking in other protocols to earn an annualized 7% ~ 20% PS: The picture below is the top 3 major households He can achieve an APR of almost 60% 🔥 just in the shell // 3️⃣ Precautions for using shells 🔹 The shells have only been out for about a year, and they have not been tested for a long time 🔹 $SCA Only 40% of the tokens are unlocked, and 60% are still in circulation 🔹 The price of $SCA currency has risen by 100% in the past 1 month 🔹 The incentive subsidy of the SUI ecosystem is only until the end of this year, and it is unknown whether there will be an incentive subsidy next year to make APR so fragrant~ // 4️⃣ My impressions I am bullish on the SUI ecosystem because of several protocols that I have experienced, and the experience has been pleasant SUI has made frequent moves in both internal ecological development and external strategy The shell mechanic appealed to me, and I highly recommend it from the big guys I know He has a real expense benefit in his own right, and there will be no SUI subsidy in the future I also have the ability to make blood and share profits with users In the future, it may be able to produce a flywheel effect, replicating the legend of Pendle's coin price turning a hundred times from the bottom In this article, we will first introduce shells In the next article, I will write: Shell with other protocols' revenue strategy

🤿 DiverS x Scallop 🐚 A new Mythic creature has surfaced in the DiverS sea — SCALLOP! Now live in-game, dive in and try to collect this Mythic rarity find! 🌊 When two Sui-native forces align, the ocean gets deeper. That’s the power of building on @SuiNetwork 💧 Shoutout to our friends @Scallop_io 🤝 🎁 A special giveaway for veSCA holders is coming soon. Stay tuned! #Scallop #DiverS #SuiGaming #SuiNetwork