Scallop: Over 13 million native tokens SCA have been staked by users

ChainCatcher news, the Sui ecosystem lending protocol Scallop announced on social media that its platform has staked over 13 million SCA, with an average duration of 3.7 years.

To this end, Scallop will launch two reward activities from October 1 to 5. In the first activity, users will share a prize pool of 1.2 million SCA. Scallop will take a snapshot of users who have staked SCA tokens with a total stake between 10 million and 15 million; additionally, users holding at least 1,000 veSCA will be able to participate in an extra bonus activity, with a prize pool of 300,000 SCA.