Counterintuitively, the current stage is hellish difficulty in both primary and secondary markets, yet it is an APY bull market with numerous profitable mining opportunities!

Recently deposited 1WU at @Scallop_io, with an APR of about 55%+, converting to simple interest, it can reliably provide about 12U income daily, equivalent to daily free meals of three bowls of pig’s trotter rice!

- I firmly believe that output will bring me more rewards; sharing the strategy with everyone!

➣ Interaction Strategy I

- From#Binance Withdraw $SUI and $USDC to Web3 wallet through the SUI network.

- Enter Scallop and deposit USDC into the borrower asset pool - collateral pool.

- Borrow $DEEP or other currencies from the borrower asset pool; neutral strategy arbitrageurs can choose to borrow wrapped stablecoins, such as various USD.
(DEEP is also a SUI ecosystem DeFi token, with a relatively stable price, making liquidation less likely.)

- When lending, adjust the borrowing ratio between 70-80%. Too low will reduce returns, too high may lead to price volatility liquidation.

- Click on the lending asset pool to find all $DEEP lent out.

- This strategy has a current APR of

67% (borrowing reward APR mainly earns this part) - 29.99% (borrowing interest rate) + 5% (borrowing discount) + 14.38% (loan APR) = 56.39%

- If you invest 10,000 $USDC without considering compound interest, the ideal estimated return is

10000 * 56.39% * 80% (borrowing ratio) / 365 = 12.36 U/day

- In actual interactions, transaction fees and compound interest must also be considered.

➣ Interaction Strategy II

- Enter Scallop and click Swap to purchase the platform token $SCA.

- Click veSCA to deposit $SCA, with a maximum of 4 times the bonus.

- By locking $SCA to obtain veSCA, you can enjoy enhanced annualized rates and voting governance, mainly serving Interaction Strategy I.

➣ About Scallop

- The first DeFi protocol to receive funding support from the official @SuiFoundation.

- In the past 17 months, accumulated income of 3.9 million USD, with a total locked amount of 190 million USD.

- SUI ecosystem Swap, Bridge, Supply, Borrow, a fully DeFi functional compatible project.

- The so-called DeFi is the art of balance, balancing risks and returns, balancing liquidation and earnings, balancing aggressive and conservative. Scallop has basically achieved stable returns in farming, which is great for managing idle assets, for reference only!