Scallop has announced that 50 million SCA tokens are now locked on its platform, representing 40% of the circulating supply and 20% of the total supply. The average lock-up period for these tokens is 3.71 years. Currently, locked SCA tokens receive a fourfold boost in lending incentives, aiming to encourage more asset lending and usage within the ecosystem.
Scallop Locks 50 Million SCA Tokens, Boosts Lending Incentives
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