Just as Sui DeFi regained attention due to Walrus's high annual subsidy, a serious internal conflict has erupted within the ecosystem's lending protocols. NAVI Protocol founder Elliscopef is accused of using fake accounts to continuously release FUD messages about the competing product Scallop in the Sui Chinese community. Scallop founder Chris directly pointed out that the account spreading the FUD messages, known as T, is actually Elliscopef himself. He expressed dissatisfaction, stating that while both are competing lending protocols, SuiLend is a builder on Sui, while NAVI is a cancer on Sui. Chain News has sought clarification from NAVI, but the official response is currently unavailable.

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Is NAVI founder using a fake account to spread FUD against competitors? Scallop harshly criticizes NAVI as a cancer on SUI.

Chat records show that a user named T is continuously complaining about Scallop in the Sui Chinese community, implying that the official will soon crash the price. There are even FUD messages about Scallop, stating that the protocol has already changed hands.

T is also in the Suinami Riders group, which is the earliest developer group on Sui. Further review of the records shows that it was Elliscopef who added T to the Suinami Riders group, suggesting a significant overlap between Elliscopef and T. Subsequently, T added NAVI team member Rekkles J to the group, and chat records indicate that T had shared NAVI's posts with Sui co-founder Adeniyi in the group.

The NAVI team does not acknowledge T as a team member.

The various pieces of evidence indicate the close relationship between T and the NAVI team. The founder of Scallop also sought clarification from Elliscopef on Twitter, but it appears he has been blocked by Elliscopef. Moreover, leaked chat records show that the NAVI team is distancing itself from T.

This article discusses the internal conflict within SUI DeFi, where Scallop accuses NAVI's founder of using a fake account to spread FUD against competitors, with NAVI refusing to comment. It first appeared in Chain News ABMedia.