Scavenger Protocol: Liquidity Generation from Dormant Micro-Assets on the Sui Blockchain

Abstract

In the Web3 ecosystem, "dead assets" such as micro-token fractions (dust) and abandoned low-value NFTs continue to accumulate on networks, losing liquidity due to transaction fee constraints. This paper proposes the concept of the "Scavenger Protocol," which leverages the object-oriented architecture and parallel processing capabilities of the Sui blockchain to automatically detect, melt down, and recirculate these dormant assets back into the market as reusable resources (Scrap tokens). By implementing a smart contract-based mechanism where "abandoned value is automatically shuffled" without the need for central administrators, we aim to achieve the autonomous revitalization of the on-chain economy. Charitable Pledge: In the event that the implementation of this protocol generates any personal revenue or financial returns for the author, 60% of those proceeds will be donated to charitable causes. This commitment aligns with the Web3 ethos of supporting public goods and giving back to society. Disclaimer: This paper is for informational, academic, and conceptual purposes only and does not constitute financial, investment, legal, or regulatory advice. The "Scavenger Protocol" presented herein is a theoretical framework and thought experiment. The authors do not guarantee the realization of this protocol, its technical feasibility, or any financial returns. Any future implementation of this protocol by third parties must be executed strictly in compliance with applicable local and international laws. The authors assume no liability or responsibility for any damages, legal disputes, or financial losses arising from the use, interpretation, or implementation of the concepts described in this document. Open Design and Protocol Revenue Model (Tokenomics) This protocol is designed as a universal foundational primitive, unconstrained by specific applications or use cases. Other developers and projects are encouraged to freely fork, adapt, and build upon this mechanism to construct systems with their own customized rules. To ensure the system's long-term sustainability, we define a minimal baseline rule: the system automatically collects a flat 1% protocol fee during operations—specifically at the time of melting down dormant assets and generating new ones. The revenue generated from this 1% fee is directly applied to the "Charitable Pledge" outlined above. This creates the financial engine where 60% of the proceeds are directed toward social givebacks and donations, while the remaining 40% is allocated to protocol maintenance and the founder.