Scallop, the decentralized finance (DeFi) protocol built on Sui, recently announced that it has bought back $100,000 worth of its native token, SCA, to celebrate surpassing $2 million in cumulative protocol revenue. This significant milestone highlights the growing adoption and success of Scallop's innovative platform. The repurchased tokens will be distributed to veSCA holders with a minimum balance of 1,000 veSCA. From September 26 to September 30 (local time), veSCA holders can stake vcSCA to claim a portion of the buyback. Snapshots will be taken daily at 9 AM (KST), and the SCA rewards will be calculated and distributed accordingly. This buyback underscores Scallop's commitment to its community and its confidence in the long-term value of its protocol. Scallop has experienced impressive growth in recent months, recently surpassing $500,000 in revenue in less than a month. The platform's user-friendly interface and innovative features have attracted a growing number of users and investors. As the DeFi space continues to evolve, Scallop is well-positioned to capture further market share with its advanced trading and liquidity solutions. The buyback not only rewards its loyal community but also serves as a testament to the protocol's financial strength and potential for future growth.