
Scallop_io has announced significant updates and milestones, including an increase in the collateral cap for its $SCA and $BTC pools. The new collateral caps are set at 1,000,000 $SCA and 20 $BTC. Additionally, Scallop_io's total value locked (TVL) has reached $160.98M, marking a 25.17% increase. The total supply and deposit now stand at $246.48M, and the total borrow amount is $85.5M, both showing over 24% growth. To celebrate crossing $2 million in total revenue, Scallop_io is launching a loyalty program with a $100,000 USD reward pool from September 26th to 30th.






๐๐ 738.3K $PIXL used as collateral for a 8.9K $USDC loan on ethereum.๐ธ https://t.co/ZTlH4LxhSs https://t.co/jCNX7Zuxvu
๐งSCALLOP POOL UPDATE๐ง Scallop's Collateral Cap for $SCA and $BTC pools have been increased! NEW SCA Collateral Cap: 1,000,000 $SCA NEW BTC Collateral Cap: 20 $BTC Borrow more with $SCA and $BTC today: https://t.co/mbLy4ctNJE https://t.co/LG0imKzyPR
๐Just claimed 520.60 $SCA from @Scallop_io's Loyalty Program! Stake SCA for veSCA to be eligible for daily SCA rewards from 26th Sept to 30th Sept!๐ฅ https://t.co/TdYH3cAmFp