According to BlockBeats, on July 21, Pencils Protocol, a leading project in the Scroll ecosystem, announced its participation in the Scroll Canvas on-chain identity verification event. Users who have participated in Pencils Protocol's S2 and S3 activities can visit the Scroll Canvas event page to mint Pencils badges and Scroll identity identifiers.
As of now, the total value locked (TVL) in Pencils Protocol's S3 activities has exceeded $200 million. Pencils Protocol currently holds the highest TVL among native projects in the Scroll ecosystem. By collaborating with major LSD and LRT asset partners and integrating with various downstream DeFi projects, Pencils Protocol continues to strengthen its leading position within the Scroll ecosystem.
