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Title: SCA, a DeFi Protocol, Will Be Listed on CoinW Exchange
Dubai, United Arab Emirates, 19th Feb 2025 - CoinW, the world's pioneering cryptocurrency trading platform, will list SCA, a DeFi protocol, on SUI Zone. For all CoinW users, the SCA/USDT will be officially available for trading on February 17th, 2025, at 11:00 (UTC). To celebrate the listing of SCA, we are launching the "SCA Bounty Program" event with a reward pool of 3,000 USDT. Scallop: A Premier All-in-One DeFi Platform on Sui Scallop is a leading DeFi platform on the Sui blockchain, boasting a total value locked (TVL) of $180 million and offering seamless crypto-fiat integration. Through its suite of products – Scallop Pay, Earn, and Bank – Scallop provides users with high-yield lending, low-fee borrowing, and advanced AMM tools, creating a comprehensive DeFi experience. The platform's upcoming CEX listings of its governance token, $SCA, will offer users fee discounts and staking rewards, further enhancing the benefits of participation. Strong Backing and a Multi-Product Ecosystem Drive Scallop's Growth Scallop is backed by prominent investment organizations, including KuCoin Labs, HashKey Capital, CMS Holdings, and DWF Labs. Multiple funding rounds have been completed to enhance platform security, expand market reach, and develop innovative new products. This support, combined with a diverse ecosystem offering Earn products, crypto payment solutions, and lending services, positions Scallop to appeal to a wide range of users seeking diversification within decentralized finance. Allocation and Distribution The $SCA token distribution prioritizes long-term ecosystem growth and community participation. 45% of the tokens are allocated for liquidity mining, distributed through incentive programs with a decreasing monthly release....
This press release is issued by King Newswire