By the end of December, the Scallop lending protocol launched its version 1.6.9, featuring a significant redesign of its decentralized application. The update introduces the highly anticipated (flash loan) feature, allowing users to access instant liquidity without collateral, as long as the capital is returned within the same blockchain operation.
New Features Focused on User Experience
In addition to the flash loan functionality, the DApp now includes more intuitive management tools. Users can remove expired SuiNS tokens with a single click, eliminating the need for complex manual operations. A new account overview panel provides full transparency on active positions, while the risk level simulator allows strategic position adjustments before execution.
Enhanced Interface and Accessible Controls
The sidebar now features a market status toggle, making it easier to switch between different viewing modes. These improvements reflect the platform’s commitment to providing a safer and audited DApp experience, with features that cater to both experienced traders and new users of the Sui blockchain.
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Scallop updates DApp with Flash Loan and Improved Interface on Sui
By the end of December, the Scallop lending protocol launched its version 1.6.9, featuring a significant redesign of its decentralized application. The update introduces the highly anticipated (flash loan) feature, allowing users to access instant liquidity without collateral, as long as the capital is returned within the same blockchain operation.
New Features Focused on User Experience
In addition to the flash loan functionality, the DApp now includes more intuitive management tools. Users can remove expired SuiNS tokens with a single click, eliminating the need for complex manual operations. A new account overview panel provides full transparency on active positions, while the risk level simulator allows strategic position adjustments before execution.
Enhanced Interface and Accessible Controls
The sidebar now features a market status toggle, making it easier to switch between different viewing modes. These improvements reflect the platform’s commitment to providing a safer and audited DApp experience, with features that cater to both experienced traders and new users of the Sui blockchain.