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Scallop (SCA) is a next-generation decentralized finance (DeFi) protocol built on the Sui blockchain, offering a comprehensive suite of financial services including lending, borrowing, automated market making (AMM), and asset management. Developed by Scallop Labs, a team with expertise in DeFi, cybersecurity, and fintech, Scallop has garnered support from prominent investors such as CMS Holdings, 6th Man Ventures, KuCoin Labs, and Mysten Labs. Notably, it is the first DeFi project to receive an official grant from the Sui Foundation, underscoring its institutional-grade quality and robust security.

The platform features a dynamic money market that supports high-yield lending and low-fee borrowing, catering to both retail and institutional participants. Scallop enhances liquidity through its integrated AMM, and provides seamless cross-chain transactions via its Bridge and Swap interface.

Scallop introduces veSCA, a vote-escrowed version of its native token $SCA. By locking SCA tokens, users receive veSCA, granting them governance rights, boosted rewards, and a share in protocol revenues. This model incentivizes long-term participation and aligns user interests with the platform's growth.

For professional traders and developers, Scallop offers an open-source Software Development Kit (SDK), enabling the creation of customized trading strategies and tools. The platform's architecture leverages Sui's high-performance capabilities, including parallel transaction execution and low latency, ensuring a secure and efficient DeFi experience.

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