如果你还不知道 Sui Network 或是 Move 智能合约语言，那我们先节录一段 Haotien（@tmel0211）老师在 X 的说明，让大家快速了解 Sui+Move:
Solidity language is a common language for building various types of smart contracts on Ethereum and has a huge developer base;
As a latecomer, Move language has obvious advantages in resource processing, security and modularity, and is especially suitable for financial applications.
The Move language introduces a resource model, and each Object is regarded as a unique entity, making it more secure;
Move provides a strict type system and ownership model, which helps to monitor and prevent various vulnerabilities at compile time, and is especially suitable for processing complex financial transactions;
Move支持高度模块化和可组合特性，允许开发者创建可交互操作的模块化和库。
In general, the Move language has extremely strong security, scalability, and efficient state management features. It is an underlying language natively suitable for DeFi financial products. This is the key to the Move series public chain being popular in the market in this round of trends. It can be called a unique "blood advantage". However, whether the Move series public chain can prove its market potential, the rise of the public chain Token $SUI must There is a strong ecology to support it, otherwise it will be a castle in the air.
Editor: By the way, the SUI experience is currently at the academic level of the Rocket Class, so I recommend you try it out.
The first third-tier lending agreement
So what kind of defi project is Scallop? The last lending agreement on SUI, NAVX, was launched through Cetus. The entire pool surged 100 times the subscription volume. In the end, the partners who got it had about 5 times the income. While SUI continues to hit new highs, it has such a performance It’s really amazing, which is why at this point in time, we think we should pay attention to the Scallop protocol.
First of all, SCP refers to Compound V3. Lenders have full ownership of their funds because the collateral is no longer lent to others, thereby avoiding the risk of illiquidity and improving the risk management of the overall protocol. It also makes some improvements on top of comp. improvement of.
Unlike the two-line interest rate model used by most lending protocols, Scallop's three-linear model is its most outstanding design. The trilinear interest rate model is specifically designed to meet the dynamic needs of the decentralized finance sector, optimizing the stability of interest rates and responsiveness to market conditions. Specifically, the model is divided into three distinct phases, each triggered by a different level of capital utilization. When capital utilization approaches the cap, the system ensures that liquidity providers are fully compensated for increased risk, while borrowers are signaled to reduce their positions due to increased borrowing costs.
Scallop Guide: How to Borrow
https://medium.com/scallopio/scallop-guide-how-to-borrow-31bef840107d
What kind of ecological cooperation does "Longyi" TVL have?
Where does the $125 million worth of non-duplicate TVL come from?
In addition to being the first DeFi project supported by SUI, it is also the first SUI DeFi project supported by OKX Wallet. In addition, judging from Scallop’s partners, three staking SUI node protocols including vSUI, afSUI, and haSUI have been issued. Stake SUI, which is very important for SUI's liquidity control, because in addition to the pledge protocol itself, there is also lending through Scallop. This is one of the reasons why SUI's TVL increased 5 times from the end of the rabbit to the beginning of the dragon in 2023.
The other is the security audit team Movebit. This team is a rising star in 2022. It has its sights on the non-evm market. Combined with the team's senior security specialists, it has brought a lot of help to many teams in move. The current results brought by the movebit audit project It is obvious to all, and of course some people also benefit from the Sui asset model. The components of the Scallop price module include Pyth, Switchboard and Supra Oracles, and can be expanded to allow multiple oracles to obtain data together.
Cetus, which announced its investment in scallop two years ago, is the leader of Sui DEX. I believe that the cooperation between them is also very close. I hope that we can see that Cetus’s TVL can also become the TVL of the Shell Protocol in the near future.
Scallop’s integration with Aftermath, powered by Aftermath Finance, this integration enables Scallop users to easily swap from one token to another. Scallop Swap also has functionality that allows for multiple swaps in one transaction. Scallop is also integrated with Notifi, a new feature that gives users instant access to the latest Scallop announcements, liquidation reminders and obligation status.
Scallop, there are also multiple income aggregators that have accessed Scallop’s liquidity, including Typus, FlowX Finance, Kai Finance, Haedal Protocol, KriyaDEX and other major projects...
从以上合作项目上来看，也看得到团队的用心以及技术实力，SUI 的生态是既竞争又合作，Scallop 则是 DeFi 生态的最大公约数。
Shell DeFi building block tool framework
Scallop Tools is a Sui Transaction Block building tool with a user interface that allows users to create Sui Programmed Transaction Blocks (PTBs) containing multiple transactions. It won first place at the 2023 Sui Seoul Builder House Hackathon project.
Unlike EVM-compatible chains, Sui offers a unique advantage through its transaction blocks, which can contain multiple transactions simultaneously. For example, if a user wants to distribute a set of ERC20 tokens to multiple addresses, they usually need to establish a contract on the chain and authorize the contract to access the corresponding tokens, which not only consumes a lot of gas but may also be exposed to security vulnerabilities. Instead, Sui’s architecture greatly simplifies the process, allowing direct transfers of tokens to multiple addresses. Scallop Tools enable users to compile multiple transactions into a single block of programmed transactions, giving end users the ability to build their own block of programmed transactions.
Scallop Tools V1 supports basic functions such as exchanging tokens, transferring objects, transferring tokens, dividing objects, merging objects, discarding objects, etc. In the future, it plans to introduce innovative functions such as portfolio loans and flash loans.
Investment lineup
Just announced a total of 3M in funding. In addition to the official investment from the Sui Foundation, Scallop also has other investors, including CMS Holdings, led by 6th Man Ventures, Cetus Venture Capital, Kucoin Venture Capital, and Blockchain Founders Fund, Oak Grove Ventures, Side Door Ventures, Singapore's UOB Venture Management, Signum Capital, Cypher Capital, Vietnam's Kyros Ventures, Criterion, 8186 Capital, 7UpDao, LBank Labs, ViaBTC, AC Capital, Zellic, Comma3, Assembly Partners, Skynet Trading, Supra Oracles Venture Capital, Vitality Ventures, Credit Scend, PHD Capital, LOL Capital, OtterSec, Movebit, etc.
大约是目前 Sui 生态里最丰富的投资人了，下到社区上到顶级投资人，都在期待这个项目开花结果，从投资人的阵容可以看出，TVL 一龙不是浪得虚名，能对接这么多投资人，有创业过的都应该知道，这是多恐怖的过程。
Token
Scallop 即将发行协议原生代币 SCA，最大总供应量 2.5 亿枚。
SCA plays multiple functions in Scallop. It can participate in voting as a governance token and also has various practical functions. Holding a certain amount of SCA can enjoy discounts on lending interest fees, and users can also use SCP to participate in liquidity mining.
The specific token distribution is as follows:
45% is used for liquidity mining;
18.5% allocated to Scallop contributors;
4.00% for development and operations;
2.00% allocated to advisor;
10.00% allocated to strategic partners;
8.50% for ecosystem, community, marketing;
5.00% for liquidity;
7.00% vested in project treasury
引述一段官方文件，建议早期参与者可以看一下：关于之前在 Solana 上 Scallop Dapp 的早期 Solana 投票者和 NFT 持有者。我们已经记录了您的地址，并且将为这些地址提供奖励。但是，这将不会是 Scallop 珍珠系统的一部分，而是来自一个独立的奖励池。请注意，现有的 Scallop Solana NFT 将不会有任何实用价值，请不要购买它们。
Outlook
As BTC approaches its previous high and SUI's ecology explodes, SCA's Launchpad should also be launched soon. I believe many supporters are also looking forward to it. The Shell team is a team that is very willing to communicate with the community. I also believe that such a team can play an important role in SUI's ecology. Of course, the upper limit still depends on how deep the SUI sea is. Risk reminder: SUI will have a relatively large unlock in May. To follow SCA, you can start from scallop.io, DYOR.
