50 Million SCA Tokens Locked: Boosting Stability & Lending Incentives for Scallop Labs

Scallop Labs has announced a significant move by locking 50 million SCA tokens, representing 20% of the total supply and contributing to long-term stability. This action has resulted in a 4x lending incentive for those locked tokens, aiming to enhance market activity and user engagement within the ecosystem. The move reflects Scallop Labs’ strategic commitment to building a robust and reliable platform while providing benefits to both users and investors.