Scallop Protocol Achieves $1.5 Million Revenue, Announces Buyback Program

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Scallop Protocol's $1.5 million revenue and buyback program indicate strong community support and a commitment to rewarding long-term stakers, potentially driving future growth and value appreciation.

According to Odaily, Scallop Protocol has reported a revenue of $1.5 million, with 10 million SCA tokens currently staked. The average staking duration is 3.7 years. To celebrate this milestone, Scallop will initiate a buyback program worth $100,000 to reward the community. This event will be open from September 11 to 15, and users must hold at least 800 veSCA to participate.

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