According to BlockBeats, on July 8, it was reported that the TVL of the Scroll ecosystem project Pencils Protocol exceeded 100 million US dollars and became the native project with the highest TVL in the Scroll ecosystem. At present, Pencils Protocol has announced that it will join the Scroll Sessions program, and users can obtain multiple reward points, including Scroll Marks and Pencils, by participating in Pencils S3 staking. At the same time, Pencils Protocol also announced a strategic partnership with EtherFi and launched weETH assets in the Staking section. Users who stake weETH in Pencils Protocol can get multiple rewards, including EtherFi loyalty points. In addition, users who participate in S3 before July 10 will also receive a 1.3x incentive acceleration.
Pencils Protocol is currently the largest native DeFi project in the Scroll ecosystem. It is a one-stop yield aggregator and auction platform based on Scroll, integrating Launchpad, unified asset aggregation and distribution, leveraged income and other functions, aiming to maximize users' asset utilization.