Binance Square
LIVE
LIVE
Daily Crypto
--1.2k views
Scallop has announced that it will soon begin testing and will increase SUI's borrowing incentives by redistributing from SUI's supply incentives. The allocation of SUI incentives for Week 1 starting April 29 will be divided as follows: 50% for supply incentives and 50% for lending incentives. Additionally, Scallop borrowers can benefit from the SCA Boost Borrowing Incentive, which allows them to earn up to 4 times the Annual Percentage Rate (APR) on their borrowings. Despite these changes, Scallop lenders will continue to receive incentives from the SCA incentives to maintain a healthy ecosystem. #scallop #SuiNetwork #bitcoinhalving #Megadrop #BullorBear

Scallop has announced that it will soon begin testing and will increase SUI's borrowing incentives by redistributing from SUI's supply incentives.

The allocation of SUI incentives for Week 1 starting April 29 will be divided as follows: 50% for supply incentives and 50% for lending incentives.

Additionally, Scallop borrowers can benefit from the SCA Boost Borrowing Incentive, which allows them to earn up to 4 times the Annual Percentage Rate (APR) on their borrowings. Despite these changes, Scallop lenders will continue to receive incentives from the SCA incentives to maintain a healthy ecosystem.

#scallop #SuiNetwork #bitcoinhalving #Megadrop #BullorBear

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 1
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Daily_Crypto

Explore More From Creator

--
Sitemap
Cookie Preferences
Platform T&Cs