💡Boost Your Rewards with veSCA Ready to maximize your rewards on Scallop? Let’s explore how veSCA works as your multiplier for earning juicy incentives! First, What is veSCA?🤔 veSCA is a representation of your locked $SCA. It provides users with access to exclusive features and reward boosts, making it valuable for long-term DeFi users. 🔹Lock $SCA for a period (up to 4 years) to earn veSCA. 🔹The longer your lock-up, the more veSCA you receive. 🔹veSCA decays over time and resets to 0 after the lock period. 🔹Note: veSCA is not a separate token How Does veSCA Boost Work?🚀 The veSCA boost mechanism amplifies your borrowing rewards on Scallop! Those holding veSCA can receive up to 4x Boosted SCA rewards on top of regular incentives on Borrowing Reward APR. Maximizing Rewards - Borrowing can earn up to 2x rewards for $SUI. - Borrowing also unlocks 4x rewards for $SCA. 📈PRO TIP: Use the Scallop veSCA Calculator to determine your boost potential! Why Stake for veSCA?💰 1️⃣Higher Reward APR: Boost your $SCA rewards by up to 4x and $SUI rewards by up to 2x. 2️⃣Proportional Benefits: More veSCA = More rewards. 3️⃣Long-Term Benefits: veSCA holders also gain access to loyalty airdrops, referral bonuses, and many more upcoming. Key Notes to Remember: - Rewards are dynamically adjusted weekly. - Plan your veSCA and borrow positions strategically to maximize your incentives. - Borrow fees and Borrow APR apply. Plan accordingly to maximize rewards! Learn More Here: