$5000 SUI Hackathon Challenge: Integrate Scallop into LSDefi

Overview

Scallop is a fundamental DeFi protocol built on the Sui Network, facilitating on-chain lending and borrowing. In order to qualify for the Scallop bounty, the project team must build a product that integrates with Scallop and Sui LST DeFi.

Some ideas for integration with Sui LSD and sCoin:

  1. Unlocking the liquidity of Sui LSD and sCoins with AMMs
  2. Sui LSD and sCoins can be used as collateral in lending protocols.
  3. Enhanced LSD and sCoins Yield Farming including liquidity mining and protocol staking.
  4. LSD and sCoins can be used as collateral for minting synthetic assets.
  5. Cross-Blockchain Utility - LSD and sCoins can be ported to other blockchains.

With Scallop smart contract, Sui Kit, Scallop SDK, sCoins (Scallop Market Coins), developers are able to seamlessly incorporate lending protocols into their own projects and build upon them to create new integration ideas.

Some ideas for the Scallop part: