Scallop Community Update [November]
GM Scallopers!
What a ride it has been for the month of November! We have achieved multiple milestones, collaborated with various notable projects and ran events with massive prize rewards for our Scallopers!
The Scallop team would like to thank each and every one of our Scallopers for constantly being part of the project! We appreciate all the support and it drives us to do better each day and bring Scallop to greater heights!
November Updates Summary
Scallop Metrics
- Scallop is currently ranked 2nd for overall Sui ecosystem, and still the Number 1 Lending protocol on Sui.
- Scallop has also achieved a new ATH TVL of $40.35M.
- We are currently ranked 25th amongst Lending protocols across all chains.
Scallop Campaigns & Events
- Over 50,000 USDC has been rewarded to participants of the Scallop X OKX DeFi Yield Campaign!
- Scallop’s OKX Zealy Sprint has also rewarded participants with a prize pool of 200 USDC and 160 USD worth of $SCA.
- Scallop X OKX DeFi Campaign is featured on Cointelegraph!
Protocol Updates
- Scallop Lending & Borrowing Incentive Program has recently refreshed to feature boosted APR of up to 29%.
- Scallop’s lending protocol has also been integrated by multiple projects to provide users with additional boosted yield. These projects include Kai Finance, SuiPearl, Typus Finance and ChopSui! We have also been integrated onto SonarWatch, a portfolio management and tracking tool for users to track their Scallop portfolio!
Growing the Scallop Community
Discord Events
Participate in Scallop’s community events for the opportunity to win the Sui Scalloper role, our ONLY whitelist role!
- Rumble Royale
- Thread Contest
- Gartic Telephone
- Community Quiz
Partnership AMAs
- Sui Fireside Chat: Future of Sui, Move and DeFi with GMSui, OtterSec, Turbos Finance, Haedal Protocol and KriyaDEX.
- BuilderDAO X Sui Workshop with Scallop, Bucket Protocol and Typus Finance
- DeFi Ecosystem Check In with Sui Foundation, Scallop, Cetus Protocol, Navi Protocol and Aftermath Finance.
- Sui Fireside Chat: Move and its Implication for the Future of Blockchain at DevConnect Istanbul 2023.
- Telegram AMA with IM Community
Closing
Scallop Team would once again like to thank each and every Scalloper for your support. As we move into 2024, we will continue to work towards rewarding all of our loyal Scallop supporters!
