链研社🔶BNB💧SUI
链研社🔶BNB💧SUI|Oct 21, 2025 09:47
On October 11, the market saw a massive $19 billion liquidation, which dealt a heavy blow to the crypto space. But in the SUI ecosystem, Scallop @Scallop_io, as the leading lending protocol in the SUI ecosystem, still has strong fundamentals and consistent positive cash flow—its TVL has already surpassed $100 million, and it has generated $6 million in revenue. It wasn’t until I read the report from @MessariCrypto that I fully understood the entire economic model. The report mentioned that 50 million SCA tokens have been locked. What does this mean? That’s 20% of the total supply, and more importantly, 40% of the circulating supply! In other words, nearly half of the circulating tokens in the market are directly frozen for the long term. And the average lock-up period is as high as 3.71 years! Guys, the maximum lock-up period is 4 years, so this data basically shows that the majority of Scallopers are fully committed! Locked in for the long haul. These are all "diamond hands" voting with real money, betting on Scallop’s long-term value. The reason they’re confident enough to play this way is the veSCA model. For DeFi veterans, the 4x lending yield boost from locking tokens is just too tempting. Short-term market fluctuations are nothing compared to the importance of long-term, stable, and high returns within the protocol. For long-term DeFi participants, this is the true definition of "maximizing benefits." A brilliant economic model that perfectly ties user benefits (high returns) to protocol security (reduced sell pressure). It gives players on Sui the ability to navigate through market cycles.
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