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SUI lending protocol Scallop introduces isolated asset pool, including DEEP, fear, uncertainty and doubt Token
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.