According to Odaily Planet Daily, the Scroll ecosystem project PenPad announced that it would be renamed Pencils Protocol. As part of the brand update, the project's product functions and service scope will be further expanded. In the future, Pencils Protocol will not only continue to optimize its original Launchpad product, but will also launch two new major functions in May, namely "Staking and Liquid Staking" and "Liquidity Vaults".