Scallop: Total SCA Locked Volume Surpasses 50 Million, Reaching 20% of Total Supply

Odaily Planet Daily News - Scallop posted on Platform X stating that the total locked volume of its token SCA has exceeded 50 million, accounting for 20% of its total supply and 40% of its circulating supply. Despite the sharp market downturn, users continue to lock SCA, with an average lock-up period of 3.71 years. It is reported that by locking SCA, users can receive 4x borrowing rewards, encouraging long-term users to utilize Scallop's borrowing features more flexibly.