Scallop price

Do you know why Binance Alpha makes trading on Sui cheaper, with low slippage and no clips? One, of course, because Sui is awesome The second reason is that Binance Alpha is connected to Cetus You may only know that Cetus is the DEX of Sui Ryuichi, but in fact, Cetus is also the largest aggregator in Sui, which accounts for nearly 6% of Sui, which is almost Raydium+Jupiter on Sol The main pools of $SCA and $NAVX are on Cetus Fun fact: Recently, there has been a lot of noise, but in fact TVL is mainly from the Sui-based Perp project with its own DEX and Lending function@bluefinapp and its largest transaction volume comes from Cetus Another dex @KriyaDEX on Sui, his main pool is actually in Cetus...

The new single volume king is coming, swiping NAVX in the Binance wallet, why swiping it? Sui chains have the lowest gas fees, will not be clamped by clips, and have the lowest wear and tear. The 1000U trading volume loss is about 0.1U~0.3U, and the Binance wallet does not support direct purchase with the exchange balance, so you need to withdraw 1Sui+USDC from the exchange. Why does NAVX cost less than other coins? NAVX-SUI, a $1.3 million dollar pot, and NAVX-USDC The handling fee of the two pools is just in case, just in case for the purpose of letting you brush volume, and the gas fee is also the lowest among all chains. BinanceAlpha is now too many people in the roll, not necessarily to get much gain, than who costs less. If you don't want to roll, you can also go and provide NAVX liquidity The highest trading volume of B2, ZKJ, the highest trading volume on the BNB chain, has a daily trading volume of 200 million US dollars, and according to the handling fee, there is a handling fee of 20,000 US dollars, and the annualised income of providing LP is 500%+. Assuming that the trading volume of the NAVX pool is 100 million US dollars, then the annualised return of LP can probably be more than 250%, and you can buy some coins to form LPs, and at the same time, you are bullish on the future of the Sui ecosystem. From the standpoint of Binance, in the end, the coins that have maintained the largest trading volume on the chain, and the coins with good project fundamentals, have the opportunity to list Binance contracts and spots, which is an interesting game, and I think it is also NAVI @navi_protocol The reason why it is so volatile is that the spot on the Sui ecosystem is currently Cetus, since the ecological development is good, there must be more than one, who do you think will be next to bet in advance!

『 Shell : Will it be the next Pendle ? 』 Shell @Scallop_io is one of my favourite 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 maximise 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 annualised 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