PANews reported on October 30 that according to the statistics of analyst @Torero_Romero, the Sui network has performed outstandingly in terms of stablecoin yields, among which the Scallop protocol provides an annualized yield of 12.72% and 7.57% for USDC and USDT respectively, ahead of on-chain protocols such as Solana and Ethereum. In addition, users can obtain veSCA by staking $SCA, and can also obtain a reward APR of up to 45% in lending.
The yield of stablecoins on Sui chain is higher than that of Solana and Ethereum, among which the APR of Scallop protocol staking loan reward is 45%.
- 2024-11-26
Suilend: SEND token will be officially launched on December 12, and the allocation checker is now online
- 2024-11-26
Solana chain data exploded in November: Phantom entered the Apple Store download list, and MEME coin PVP difficulty increased
- 2024-11-26
60% of tokens will be distributed to the community. You need to know about the launch of MOVE mainnet
- 2024-11-23
PA Daily | Trump nominates hedge fund executive Scott Bessent as Treasury Secretary; Magic Eden (ME token) TGE will be held on December 10
- 2024-11-22
Sui forms strategic partnership with Franklin Templeton Digital Assets
- 2024-11-22
South Korean crypto lending company Delio was declared bankrupt by a local court and ordered to sell assets to repay creditors