Scallop: Total revenue exceeds $3.5 million, $100,000 loyalty program is about to start
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According to the official announcement, the Sui ecosystem lending protocol Scallop has announced that the platform's total revenue has exceeded $3.5 million, and the official will conduct another SCA token buyback and reward distribution. The total reward is 100,000 USD worth of sSCA; the activity period is from December 22 to December 25. The first snapshot will be taken at 8 AM Beijing time on December 22, and users only need to stake and hold at least 1,500 veSCA to receive the daily sSCA reward. Subsequently, the spread between Scallop's native USDC and wUSDT pools will be increased from 20% to 30%.
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