Basic Information
| Information | Details |
|---|---|
| Project Name | Scallop |
| Project Website | https://scallop.io |
| Project Description | A decentralized finance (DeFi) platform on the Sui blockchain, offering lending, borrowing, and staking services. |
| Project Ticker | SCA |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | SCA (Utility Token) |
| Total Airdrop Amount | Not Known |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | Various phases, including Phase 1 snapshot deadline: February 26, 2024, 12 PM GMT+8. |
| Claiming Started | March 08, 2025 |
| Claiming Ends | Varies by phase—check official sources for specific deadlines. |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | Not Known |
Eligibility Criteria
Eligibility varied across Scallop’s multiple airdrop phases. Common criteria included:
Lending and Borrowing Activity:
- A major focus, especially in Phase 2 and later.
- Users needed to supply or borrow assets worth at least $100 USD to qualify.
- Rewards were based on total value locked (TVL) or borrowed amounts and duration of activity.
Staking SCA for veSCA:
- A requirement in later campaigns (e.g., September 2024).
- Users had to stake SCA tokens to receive veSCA for additional rewards.
- Some campaigns required a minimum holding of 800 veSCA, with staking periods from 2 days to 4 years, affecting rewards.
Community Participation:
- Phase 1 rewarded users for completing tasks on Zealy, holding “Sui Scalloper” Discord roles, or engaging on social media (Twitter, Telegram, etc.).
Mystery Pearls Mechanism:
- Users earned points or scores through lending, borrowing, or community tasks.
- These were exchanged for Mystery Pearls, tiered from Bronze to Legend, determining SCA rewards.
- Snapshots were taken to track eligibility.
Wallet Connection:
- Users needed to connect a Sui-compatible wallet (e.g., Sui Wallet) to app.scallop.io to participate and claim rewards.
- Some campaigns involved minimal fees for claiming tokens.
Historical Engagement:
- “Historical Weight Rewards” in Phase 2 rewarded long-term users based on average supply value from the mainnet launch until a snapshot date.
Specific Campaign Thresholds:
- September 2024 airdrop: Users had to borrow more than $100 USD by September 2, 2024, with veSCA distribution on September 4, 2024.
📌 Note: Eligibility was based on snapshots taken at specific times, so users needed to meet the criteria before the deadline.
Important Links
- Airdrop Claim Page: https://airdrop.scallop.io
- Official Announcement (March 2025 Claim Live): https://x.com/Scallop_io/status/1766062592391631057
- Airdrop Phase 1 Deadline Reminder (February 2024): https://x.com/Scallop_io/status/1761442903555985518
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
Additional Information
Scallop’s airdrop strategy has evolved, shifting from early community engagement tasks (e.g., social media, quests) to DeFi-based participation (lending, borrowing, staking).
- Active platform usage and staking remain key themes for earning rewards.
- Check Scallop’s official social channels for new phases or updated criteria.