The era of great sailing in the Sui ecosystem has arrived. After Scallop was the first shot, Binance Alpha launched four projects in one go. Hedda @ Rav.Hedda and I accurately hit all the currencies in our private chat. At one point, we thought that our chat records might have been monitored by Binance's listing team. We secretly informed everyone that another project that was not listed is SEND, which will also be listed sooner or later. Projects that have already been listed on Alpha will also have the opportunity to be listed in stock. Scallop @ Scallop_io has always been a team that I really like, and I am fortunate to have had a pleasant conversation with their team at Suibasecamp, where I met their young and handsome CMO @ 0x_ZHUANG. My fate with Scallop began when I received their airdrop as one of the first users with 8 accounts, and also made money by investing in SCA. It's necessary for me to introduce everyone to Binance Alpha this time ➤ Scallop's Impressive Features -Official recognition: The first DeFi protocol to receive official funding from the Sui Foundation -Capital scale: 190M TVL, the highest historical value (Scallop has also been a Sui ecological leader for some time) -Profitability: Total revenue exceeding 5.15 million US dollars (the project has strong cash flow, and when Walrus went online, its daily revenue in the lending sector was second only to AAVE) -Top tier institutional support: Supported by CMS Holdings、6th Man Ventures、DWF Labs、Mysten Labs、Sui Foundation、Kucoin Ventures、UOB Management Ventures support Why choose Scallop? Scallop has chosen a route that is different from other lending methods, with a comfortable interface and interaction. They place special emphasis on giving back to the community and providing high interest rates to loyal users, which forms a very important part of their economic model and their moat. -Generous revenue sharing: Provide revenue sharing through loyalty programs to give back to SCA stakers (typically worth around $100000 to $200000). -Continuous community motivation: Completed 9 loyalty programs (worth $1 million SCA to give back to the community) -Highly attractive yield: providing the highest returns for borrowing, and even higher returns for borrowing -One stop DeFi experience: a lending centric model with almost all the necessary features (lending, borrowing, swapping, cross chain), all of which can be done in Scallop -Strong community confidence: 40.35 million has been locked in for 3.77 years (38.52% of the circulating supply has been locked in). The reason why the community has strong confidence is also because the profit markup of borrowing and airdrops have provided actual returns. ➤ The economic model of SCA? Scallop's token SCA economic model is ingeniously designed, and staking to obtain veSCA unlocks coin owner benefits -Enhanced loan rewards: VeSCA users can enjoy higher loan yield bonuses. -Enhanced recommendation benefits: recommending new users to join Scallop can earn more generous rewards -Exclusive Loyalty Program (Airdrop): Pledgers are eligible to participate in the platform's exclusive loyalty program and receive additional airdrop rewards. Revenue bonuses, referral rewards, and airdrops are all actual and calculable. Previously, USDC could increase its revenue by up to 4 times using veSCA revenue bonuses, significantly increasing its revenue. This means that the more participants, the more revenue they will receive, encouraging long-term participation. Summary: With the continuous prosperity of the Sui ecosystem, Scallop, as the star DeFi protocol in the Sui ecosystem, has official recognition, financial strength, excellent profitability, and endorsement from top institutions, and has demonstrated enormous development potential. More importantly, Scallop always puts community interests first, and through innovative loyalty programs and high returns, has successfully built strong user stickiness and community consensus, sharing the platform's growth dividends.