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.

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.