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Dec 23

Scallop — A Verifiable Random Interest rate machine

As the first project to announce that it has received a grant from Sui Foundation, Scallop does attract our attention. Scallop was a Premium Bonds protocol on Solana, and now it is moving to Sui Network.OverviewScallop is the leading Premium Bond DeFi protocol on Solana. It’s a verifiable random interest rate machine based on lending/staking protocol. Sometimes people call it the no-loss lottery. Scallop protocol has won the Sui Builder House Lisbon Grant Competition and received an official ...

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