Sui Ecosystem Lending Protocol Scallop Revenue Exceeds $4 Million and Launches $100,000 Loyalty Program

PANews reported on February 24 that according to official news, the revenue of Sui Ecological Lending Protocol Scallop exceeded 4 million US dollars. In response, the official will launch a loyalty program to return sSCA worth 100,000 US dollars to veSCA holders. The activity time is from February 25 to March 1, 2025. Users only need to stake to get sSCA rewards every day, and the snapshot time is 8:00 (UTC+8) every day. To obtain sSCA rewards, users must meet the following conditions:

  • Hold at least 1,500 veSCA
  • The minimum staking period for SCA is 2 days
  • The maximum SCA pledge period is 4 years (208 weeks or 1460 days)

Users can get more rewards by staking more SCA or extending the staking period. Currently, 21 million SCA are locked for an average of 3.6 years, and more than 8% of the total SCA supply is locked for 3.6 years.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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