Scallop: Will enter testing next week, increasing borrowing incentives by redistributing SUI supply incentives

On April 25th, Scallop released an update regarding their borrowing incentive plan. Next week, Scallop will enter a testing period and gradually increase the borrowing incentive for SUI by reallocating the supply incentive. The details of the SUI reward distribution are as follows:

Week 1 (April 29th): Supply incentive (50%)/ Borrowing incentive (50%);

In addition to the SUI reward, Scallop borrowers will also be eligible for SCABoosted borrowing incentives, up to 4 times their borrowing APR;

To maintain a healthy ecosystem, Scallop lenders will still benefit from SCA incentive measures.