Scallop: Total revenue has exceeded 3.5 million dollars, a loyalty program of 100,000 dollars is about to be launched
On December 21, the Sui ecological lending protocol Scallop announced on platform X that the total income of the platform has exceeded $3.5 million. The official will once again carry out SCA token repurchase and reward distribution. The total reward is worth $100,000 in sSCA tokens, with the event running from December 22 to December 25. The first snapshot will be taken at 8 a.m. Beijing time on December 22, and users need to pledge and hold at least 1,500 veSCA tokens to receive daily sSCA rewards. Subsequently, the spread of Scallop's native USDC and wUSDT pools will increase from 20% to 30%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Federal Reserve signals continued interest rate hikes; the U.S. dollar posts its largest single-week gain in over three months.
After the Federal Reserve signaled continued interest rate hikes in the future, the US dollar strengthened significantly this week, marking its largest single-week gain in more than three months.
South Korean Won: Foreign equity flows keep KRW heavy against US Dollar – OCBC
U.S. stocks near historical highs, but retail investors are increasingly pessimistic! Survey shows bearish sentiment rises to 53.3% and cash allocation increases significantly
The latest weekly survey released by the American Association of Individual Investors on Friday shows that bearish sentiment among investors has risen to the highest level since 2025, against the backdrop of persistently high oil prices and the Federal Reserve’s first interest rate hike since 2023.
Crypto prices
More
