Scallop has announced updates to its incentive programs and parameter adjustments aimed at enhancing the DeFi experience for users. The weekly incentives for borrowing $DEEP and $sbUSDT have been refreshed, offering up to 116% and 52% APR respectively, with total incentives amounting to approximately 60,000 sSUI, 376,000 sSCA, and 567,000 sDEEP. Additionally, Scallop has updated the Mid Kink Threshold of its Interest Rate Model to 80%, affecting the APR for stablecoin pools, which now has a base APR of 5% and a borrow APR (Mid Kink) of 3%. The platform has also launched an upgraded Lending Radar feature, providing detailed APR insights across top Sui lending protocols, enabling users to discover optimal earning opportunities. Furthermore, Scallop is running a Meme Swap Campaign with a prize pool of $20,000, encouraging user participation in swaps with various partners.