Tuesday, May 17, 2022
About us | Contact
Blockzeit
  • bitcoinBitcoin(BTC)$30,447.001.35%
  • ethereumEthereum(ETH)$2,089.092.36%
  • binancecoinBNB(BNB)$307.242.62%
  • SolanaSolana(SOL)$55.903.04%
  • dogecoinDogecoin(DOGE)$0.0903682.25%
  • Home
    • Business
    • Politics
  • Markets
  • Investing
  • Technology
  • Trends
  • NFTs
    • Metaverse
  • Education
    • Glossary
    • Buy Crypto
      • Buy Cardano
  • Events
    • Metaverse Events
No Result
View All Result
  • EnglishEnglish
    • EnglishEnglish
    • DeutschDeutsch
    • PortuguêsPortuguês
  • Home
    • Business
    • Politics
  • Markets
  • Investing
  • Technology
  • Trends
  • NFTs
    • Metaverse
  • Education
    • Glossary
    • Buy Crypto
      • Buy Cardano
  • Events
    • Metaverse Events
No Result
View All Result
Blockzeit
No Result
View All Result
Home Press Release
Scallop 1635433873ZPDRfnsTxk

Scallop 1635433873ZPDRfnsTxk

Scallop Announces Its Flexible Staking Platform, SCLP Listed On Kucoin, PancakeSwap and Gate.io

blockchainnews by blockchainnews
October 28, 2021
in Press Release
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterShare on LinkedinShare via WhatsappShare via Email

London, United Kingdom, 28th October, 2021,

Scallop is pleased to announce the native SCLP token made its way to  PancakeSwap on October 28. 2021. Additionally, Gate.io trading went live on the same date. Providing broader access to Scallop’s ecosystem and asset, SCLP also achieved a World premier Listing on the KuCoin platform today briefly touching an ATH of $100 and is doing close to 20x at the time of this publication. 

Scallop brings their native asset to multiple major trading platforms. The listing of SCLP on KuCoin, PancakeSwap, and Gate.io democratizes access to the asset and allows more people to use this ecosystem. SCLP is the native currency for Scallop’s on-chain DeFi banking ecosystem and is required to access products, rewards, and trading bonuses. 

Paying fees on the Scallop platform is done through SCLP, as the asset resides on the Scallop Chain. For those unaware, Scallop Chain is the world’s first regulated blockchain. Users pay fees for trading digital assets and using the on/off ramps to convert between fiat and cryptocurrency. Additionally, institutional clients can use SCLP to pay management fees on the platform.

SCLP is a BEP-20 token on the Binance Smart Chain. Its initial supply consists of 8,450,000 tokens – from a total supply of 100,000,000 – at an initial market capitalization of $1,267,5000. Additionally, 23.5% of the tokens were allocated to strategic investors in Scallop’s seed funding round, with the remaining 76.5% reserved for the company’s business activities.

Scallop CEO and Founder Raj Bagadi adds:

“The distribution of SCLP into the hands of the public is a primary objective for the token. It maintains the ethos of our overall vision – which is to accelerate the transition to a more equitable and decentralised financial system. The exchange listings represent fairer access for regular people. I’m extremely proud of the staking program as it highlights the opportunities available in DeFi for the masses compared to traditional finance.”

Scallop is also kicking off its staking platform on October 28, 2021. The platform, found at app.scallopchain.com, will provide users with premiums on top of traditional value holders. As Scallop’s staking program provides freedom, it is not required to keep funds in a crypto wallet or exchange account. Moreover, it supports staking from 30 days up to four years. Staking longer periods yields higher rewards up to 200% APY. 

About Scallop

Scallop is an innovative fintech ecosystem for users who want a faster, more efficient way to manage their crypto + fiat in a single place securely. Our mission is to bring digital assets into mainstream use and bridge the gap between decentralized and traditional finance. The company was incubated by leading blockchain project MahaDao.

Scallop allows users to buy, sell and leverage digital content using a built-in NFT marketplace synced with accounts, providing an extra layer of security and peace of mind. They also can earn the best interest rates from DeFi protocols like Compound and Aave with all the utility and none of the complexity. For more information visit https://scallopx.com/

Contacts
  • Karampal Singh
  • karampal.s@scallopx.com
Previous Post

P2P Marketplace Bistroo Adds Crypto Payments to Disrupt the Traditional Food Sector

Next Post

Facebook Becomes Meta amid Push for NFT Support

Related Posts

Ice on Fire

Claim Generous Prizes for Hockey Bets In The New 1xBit Tournament!

by blockzeit
May 12, 2022
0

Bet on any hockey games to stand a chance of bagging lucrative Bitcoin prizes for achieving the longest winning streak!...

Lina Valentina NFT Collection 1652247150Cl78l9iHIT

Lina Valentina’s “No More” NFT Collection Denounces Domestic Violence

by chainwire
May 11, 2022
0

Los Angeles, United States, 11th May, 2022, ChainwireRenowned and respected feminist artist Lina Valentina is preparing to launch her first...

The Metaverse Expo 2022

TCG World partners with Shark Tank backed Jigsaw Puzzle International Convention (JPiC) to co-host The Metaverse Expo 2022, Las Vegas

by blockzeit
May 10, 2022
0

The Metaverse Expo 2022 is a 3 day event held at the Las Vegas Convention Center on 8th - 10th July 2022 that...

Load More

Get updates to your inbox!

Subscribe to our mailing list to receive daily updates!

FOLLoW US:

Blockzeit Logo 10 1

Blockzeit was founded in 2021 in Switzerland with the mission of bridging the gap between the complex blockchain technology and the general public. Blockzeit is a news and education platform that aims to make blockchain more accessible and bring more transparency to the scene.

Popular Categories

Categories
  • Bitcoin News
  • Business
  • Buy Crypto
  • Education
  • Investing
  • Markets
  • Metaverse
  • NFTs
  • Politics
  • Press Release
  • Switzerland
  • Technology
  • Trends

Important Links

  • Privacy Policy
  • Disclaimer
  • About us
  • Contact us
  • Blockchain Jobs
  • Events

Contact & Social

For guest posts, contact us via info@blockzeit.com

 

Contact: info@blockzeit.com
Press: press@blockzeit.com

Facebook Twitter Linkedin Instagram
  • Home
  • Markets
  • Investing
  • Technology
  • Trends
  • NFTs
  • Education
  • Events
© Copyright by Blockzeit.com. All rights reserved.

Disclaimer

No Result
View All Result
  • Home
    • Business
    • Politics
  • Markets
  • Investing
  • Technology
  • Trends
  • NFTs
    • Metaverse
  • Education
    • Glossary
    • Buy Crypto
      • Buy Cardano
  • Events
    • Metaverse Events
  • DeutschDeutsch
  • PortuguêsPortuguês

© 2021 Blockzeit by Blockzeit.