Scallop: The total lock-up position of SCA has exceeded 50 million pieces, reaching 20% of the total supply.

Odaily News Scallop announced on platform X that the total lock-up position of its token SCA has exceeded 50 million coins, accounting for 20% of its total supply and 40% of its circulating supply. During the significant market fall, users continued to lock up SCA, with an average lock-up period of 3.71 years. It is reported that by locking up SCA, users can receive 4 times the borrowing rewards to encourage long-term users to utilize Scallop's borrowing features more flexibly.