Difference between revisions of "Scallop"

Latest revision as of 14:34, 5 November 2024

Basics

Based in:
Started in / Announced on:
Testnet release:
Mainnet release:

History

Audits & Exploits

Bug bounty program can be found here (10-2024) up to $300k.
OtterSec, Zellic and MoveBit have done audits.

Bugs/Exploits

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

Token Allocation

Total Supply (Max): 250,000,000 SCA (9-2024):

Emission Rate	Allocation
Liquidity Mining	45%
Scallop Project Contributors	15%
Dev & Operation	4%
Strategic Partners/Investor	15%
Advisor	1.5%
Ecosystem/Community/Marketing	7.5%
Liquidity	5%
Treasury	7%

Inflation

Utility

Burns

Other Details

Coin Distribution

Technology

Whitepaper or docs can be found [insert here].
Code can be viewed here.
Built on Sui and seemingly will come to Supra (their founder is on the endorsement list (5-11-2024).

How it works

Fees

20% of borrowing interest goes to protocol income. There are also fees (10-2024) for oracle usage and flash loans and liquidation fees.

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Uses (10-2024):

Pyth: https://pyth.network/price-feeds
Switchboard: https://switchboard.xyz/explorer
Supra Oracles: https://supraoracles.com/data

Their Other Projects

Roadmap

Can be found [Insert link here].

Revenue

Usage

Scallop is currently (11-10-2024) the leading DeFi protocol on Sui Network, sitting at over $150M TVL at the time of writing. Scallop crossed $100 Billion in total lending and borrowing volume, and reaching over $2 million in total platform revenue.

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

Full team can be found here.

Funding

Secured investment from Sui (11-10-2024)

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

SOL tip address: 5C9xsqRnFygis4T8nfVy7Cz6cjcacx9oAMMSFiV9p6m3

@@ Line 1: / Line 1: @@
-== Tech ==
-* Built on Sui
+== Basics==
+*Based in:
+*Started in / Announced on:
+*[[Testnet]] release:
+*[[Mainnet]] release:
+==History==
+==Audits & Exploits==
+*[[Bug bounty]] program can be found [https://docs.scallop.io/protocol/bug-bounty here] (10-2024) up to $300k.
+*OtterSec, Zellic and MoveBit have done [https://docs.scallop.io/protocol/auditing audits].
+===Bugs/Exploits===
+==Governance==
+===Admin Keys ===
+===DAO===
+=== Notable Governance Votes===
+=== Treasury===
+==Token==
+===Launch===
+===Token Allocation===
+Total Supply (Max): 250,000,000 SCA ([https://docs.scallop.io/token/scallop-token 9-2024]):
+{| class="wikitable"
+!Emission Rate
+!Allocation
+|-
+|Liquidity Mining
+|45%
+|-
+|Scallop Project Contributors
+|15%
+|-
+|Dev & Operation
+|4%
+|-
+|Strategic Partners/Investor
+|15%
+|-
+|Advisor
+|1.5%
+|-
+|Ecosystem/Community/Marketing
+|7.5%
+|-
+|Liquidity
+|5%
+|-
+|Treasury
+|7%
+|}
-== Usage ==
+===Inflation===
-Scallop is currently ([https://medium.com/scallopio/scallop-secures-strategic-investment-from-sui-foundation-to-accelerate-defi-ecosystem-growth-ad6e476c6f24 11-10-2024]) the leading [[DeFi]] protocol on Sui Network, sitting at over $150M [[Total Value Locked (TVL)|TVL]] at the time of writing. Scallop has achieved incredible milestones, including crossing $100 Billion in total lending and borrowing volume, and reaching over $2 million in total platform revenue.
+===Utility===
+==== Burns====
+===Other Details ===
+==Coin Distribution==
+==Technology==
+*[[Whitepaper]] or docs can be found [insert here].
+*Code can be viewed [https://github.com/scallop-io here].
+*Built on [[Sui (SUI)|Sui]] and seemingly will come to [[Supra (SUPRA)|Supra]] (their founder is on the [https://scallop.io/ endorsement] list (5-11-2024).
+===How it works===
+===Fees===
-== Team, Funding ==
+* 20% of borrowing interest goes to protocol income. There are also [https://docs.scallop.io/scallop-lend/fees fees] (10-2024) for oracle usage and flash loans and liquidation fees.
+===Upgrades===
+===Staking===
+====Validator Stats====
+===Liquidity Mining===
+===Scaling===
+===Interoperability===
+===Other Details===
+==Oracle Method==
+[https://docs.scallop.io/protocol/oracles Uses] (10-2024):
+# [[Pyth Network (PYTH)|Pyth]]: <nowiki>https://pyth.network/price-feeds</nowiki>
+# Switchboard: <nowiki>https://switchboard.xyz/explorer</nowiki>
+# [[Supra (SUPRA)|Supra]] Oracles: <nowiki>https://supraoracles.com/data</nowiki>
+==Their Other Projects==
+==Roadmap==
+*Can be found [Insert link here].
+==Revenue==
+==Usage==
+Scallop is currently ([https://medium.com/scallopio/scallop-secures-strategic-investment-from-sui-foundation-to-accelerate-defi-ecosystem-growth-ad6e476c6f24 11-10-2024]) the leading [[DeFi]] protocol on Sui Network, sitting at over $150M [[Total Value Locked (TVL)|TVL]] at the time of writing. Scallop crossed $100 Billion in total lending and borrowing volume, and reaching over $2 million in total platform revenue.
+===Projects that use or built on it===
+==Competition==
+==Pros and Cons==
+===Pros===
+===Cons===
+==Team, Funding and Partners==
+===Team===
+*Full team can be found [https://scallop.io/#team here].
+===Funding===
 * Secured [https://medium.com/scallopio/scallop-secures-strategic-investment-from-sui-foundation-to-accelerate-defi-ecosystem-growth-ad6e476c6f24 investment] from [[Sui (SUI)|Sui]] (11-10-2024)
+===Partners===
+==(:==
+Knowledge empowers all and will help us get closer to the [[decentralised|decentralized]] world we all want to live in!
+Making these free wiki pages is fun but takes a lot of effort and time.
+If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.
+SOL tip [[address]]: 5C9xsqRnFygis4T8nfVy7Cz6cjcacx9oAMMSFiV9p6m3
 [[Category:Coins/Tokens]]