骑啊婆过马路
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Brothers and sisters in the square,
I have a question to ask,
The description of the scallop activity in the Binance wallet is:
When providing assets, users will receive sCoin tokens that represent their deposits (for example, the deposited SUI is represented by SSUI, and the deposited USDC is represented by SUSDC). sCoin is an interest-bearing token, and its value will increase over time to reflect the interest earned.
Does this mean that the deposited USDC becomes sUSDC? Does the deposited USDC disappear?
Or is sUSDC the interest, and the original USDC can still be redeemed?
I am not sure which of my understandings is correct.
I have a question to ask,
The description of the scallop activity in the Binance wallet is:
When providing assets, users will receive sCoin tokens that represent their deposits (for example, the deposited SUI is represented by SSUI, and the deposited USDC is represented by SUSDC). sCoin is an interest-bearing token, and its value will increase over time to reflect the interest earned.
Does this mean that the deposited USDC becomes sUSDC? Does the deposited USDC disappear?
Or is sUSDC the interest, and the original USDC can still be redeemed?
I am not sure which of my understandings is correct.
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