On December 17th, Sui lending protocol Scallop announced the launch of an Isolated Pool, which includes Token DEEP, fear, uncertainty and doubt, with independent pool rewards of 1675% and 2892% APR respectively. In addition, Scallop will convert the incentive rewards for the lending pool into Scallop sCoins such as sSUI and sSCA.
Scallop is a decentralized currency market on the SUI blockchain, dedicated to providing users with dynamic currency markets, including low-cost lending, etc. Scallop was officially funded by SUI in 2022.
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