Scallop（SCA） Project Analysis

Project Overview:

Scallop is a top-tier DeFi platform on Sui, offering seamless crypto-fiat integration via products like Scallop Pay, Earn, and Bank (TVL: $180M).

Official Website:

Block Explorer:

Twitter:

Price Chart: https://dexscreener.com/sui/0xaa72bd551b25715b8f9d72f226fa02526bdf2e085a86faec7184230c5209bb6e

Key Highlights:

All-in-One DeFi: High-yield lending, low-fee borrowing, and AMM tools.
Strong investment backing: Scallop is backed by a number of renowned investment organizations including KuCoin Labs, HashKey Capital, CMS hodlings, dwf labs, etc., and has completed multiple rounds of funding, which will be used to enhance the security of the platform, The funds will be used to improve the security of the platform, expand the market and develop new products.
Multi-Product Ecosystem: Scallop offers a variety of services, including Earn products, crypto payment solutions, and lending services, appealing to a wide range of users, especially those who need diversification in financial services.
Governance Token $SCA: Upcoming CEX listings with fee discounts and staking rewards.

$SCA Tokenomics:

Allocation:

Liquidity Mining: 45%, distributed through various liquidity incentive programs. Released monthly at a rate decreasing by 1.5% from the previous month, with an initial release of 2,830,459 SCA.
Scallop Project Contributors: 15%, held by founding team contributors. Locked for 1 year, then linearly unlocked over 3 years.
Development & Operations: 4%, allocated to support development and operational activities. Linearly unlocked over 5 years.
Strategic Partners/Investors: 15%, reserved for private sales and strategic partners. Gradually unlocked over 1 to 3 years.
Advisors: 1.5%, held by key advisors. Locked for 1 year, then linearly unlocked over 3 years.
Ecosystem/Community/Marketing: 7.5%, used for market promotion and platform growth. Linearly unlocked over 5 years.
Liquidity: 5%, allocated for liquidity needs. Linearly released over 5 years.
Treasury: 7%, reserved for long-term liquidity requirements. Fully unlocked at TGE (Token Generation Event) to ensure liquidity on CEX and DEX platforms.

Token Utility:

Decentralized Governance: $SCA holders can participate in platform governance, voting on key parameters (e.g., fee structures, lending rates) and major decisions.
Fee Discounts: Users holding $SCA enjoy discounts on Scallop platform services, including payments, exchanges, and lending.
Staking Rewards: $SCA holders can join the platform’s staking program to earn additional rewards and access priority services.

Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!

CoinW Institute

2/14/2025