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Scallop: Will enter testing next week, increasing borrowing incentives by redistributing SUI supply incentives
2024-04-25 05:26
Odaily Planet Daily News According to official news, Scallop released an update on the borrowing incentive plan. Next week, Scallop will enter a testing period to gradually increase SUI's borrowing incentives by redistributing SUI's supply incentives. The details of the SUI reward distribution are as follows: Week 1 (April 29): Supply incentives (50%)/borrowing incentives (50%); In addition to SUI rewards, Scallop borrowers will also be eligible for SCA Boosted borrowing incentives, up to 4 times their borrowing APR; In order to maintain a healthy ecosystem, Scallop lenders will still benefit from SCA incentives.