Press Release
SCA, a DeFi Protocol, Will Be Listed on CoinW Exchange
CoinW is listing SCA, Scallop’s governance token, on February 17th. Users can trade SCA/USDT and participate in the 3,000 USDT “SCA Bounty Program.” Scallop is a leading DeFi platform on Sui with a $180M TVL.
Dubai, United Arab Emirates, 19th Feb 2025 – CoinW, the world’s pioneering cryptocurrency trading platform, will list SCA, a DeFi protocol, on SUI Zone. For all CoinW users, the SCA/USDT will be officially available for trading on February 17th, 2025, at 11:00 (UTC). To celebrate the listing of SCA, we are launching the “SCA Bounty Program” event with a reward pool of 3,000 USDT.
Scallop: A Premier All-in-One DeFi Platform on Sui
Scallop is a leading DeFi platform on the Sui blockchain, boasting a total value locked (TVL) of $180 million and offering seamless crypto-fiat integration. Through its suite of products – Scallop Pay, Earn, and Bank – Scallop provides users with high-yield lending, low-fee borrowing, and advanced AMM tools, creating a comprehensive DeFi experience. The platform’s upcoming CEX listings of its governance token, $SCA, will offer users fee discounts and staking rewards, further enhancing the benefits of participation.
Strong Backing and a Multi-Product Ecosystem Drive Scallop’s Growth
Scallop is backed by prominent investment organizations, including KuCoin Labs, HashKey Capital, CMS Holdings, and DWF Labs. Multiple funding rounds have been completed to enhance platform security, expand market reach, and develop innovative new products. This support, combined with a diverse ecosystem offering Earn products, crypto payment solutions, and lending services, positions Scallop to appeal to a wide range of users seeking diversification within decentralized finance.
Allocation and Distribution
The $SCA token distribution prioritizes long-term ecosystem growth and community participation. 45% of the tokens are allocated for liquidity mining, distributed through incentive programs with a decreasing monthly release. 15% is reserved for the Scallop project contributors, locked for one year and then linearly released over three years. Strategic partners/investors receive 15% of tokens, gradually unlocked over one to three years. Remaining tokens support development, marketing, advisors, and liquidity needs, ensuring a balanced and sustainable ecosystem.
Token Utility: Governance, Discounts, and Rewards
The $SCA token empowers users within the Scallop ecosystem through multiple utilities. Holding $SCA enables participation in decentralized governance, allowing users to vote on key platform parameters. Users also benefit from fee discounts on various Scallop services, including payments, exchanges, and lending. Furthermore, $SCA holders can stake their tokens to earn additional rewards and access priority services within the Scallop platform.
Register and Deposit – Stack Your Rewards!
New users registered during the event, who traded SCA/USDT no less than 100 USDT will receive a random airdrop of 3 USDT worth of SCA! Additionally, users who deposit more than 100 USDT will receive an extra 3 USDT. It’s on a first-come, first-served basis till all are given out, so don’t miss out!
To celebrate the listing, 3,000 USDT equivalent SCA prize pool has been up for grabs from February 17th, 2025, at 11:00 (UTC) to February 24th, 2024, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of 3,000 USDT. To claim your rewards, please click here.
About CoinW
CoinW is a pioneering crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW’s Twitter Account, Btok, and Telegram Group.
About SCA
Scallop is a top-tier DeFi platform on Sui, offering seamless crypto-fiat integration via products like Scallop Pay, Earn, and Bank (TVL: $180M).
Media Contact
Organization: CoinW
Contact Person: Angelo Tan
Website: https://www.coinw.com/
Email: Send Email
City: Dubai
Country: United Arab Emirates
Release Id: 19022524055
The post SCA, a DeFi Protocol, Will Be Listed on CoinW Exchange appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
SDLG Strengthens Global Strategy with Grand Opening of Indonesian Subsidiary
Linyi City, China, 1st May 2025 – On April 26, 2025, SDLG officially inaugurated its Indonesian subsidiary- PT. SDLG INDONESIA MACHINERY in Jakarta, advancing the company’s strategic global expansion. Mr. Wen Degang, General Manager of SDLG, delivered the keynote address at the event, joined by Mr. Shi Shengyong, Deputy General Manager and General Manager of the Marketing Company, and Mr. Shi Dong, General Manager of the Asia-Pacific Marketing Company.
The ceremony welcomed more than 300 distinguished guests, including representatives from major Chinese enterprises in Indonesia, leaders from across the business community, strategic partners, and members of the media. The establishment of SDLG Indonesia, based in ASEAN’s largest economy, represents a critical milestone in the company’s broader internationalization strategy.
Building on 53 Years of Excellence, SDLG Accelerates Southeast Asia Expansion
The event commenced with the screening of The Heavy Trust, a documentary celebrating SDLG’s 50th anniversary.
In his remarks, General Manager Mr. Wen emphasized that over the past 53 years, SDLG has maintained consistent growth through technological innovation. Today, SDLG holds a leading position in China’s wheel loader market and ranks among the top three excavator brands nationwide. The company has been recognized with multiple international awards, including the China National Quality Award, ANQ Recognition for Excellence in Quality Practice and EFQM Global Excellence Award—making SDLG the only Chinese construction equipment manufacturer to receive this accolade. These achievements underscore the company’s global reputation for quality and reliability.
Mr. Wen highlighted the strategic significance of the Indonesian market, noting its annual infrastructure growth rate of over 8% and the strong, growing demand for construction machinery. The launch of SDLG Indonesia signals a new phase of accelerated growth in the Southeast Asian market.
During the ceremony, SDLG Indonesia signed cooperation agreements with seven strategic partners, securing purchase intentions for over 1,100 units across its full range of products, including excavators, wheel loaders, and road rollers. The total value of the agreements exceeded RMB 450 million.
This substantial commitment underscores the Indonesian market’s confidence in SDLG’s product performance and further strengthens the company’s position in the region.
Expanding Presence, Accelerating Growth
The establishment of PT. SDLG INDONESIA MACHINERY represents a pivotal step in advancing the company’s global strategy. With deliveries of the newly signed orders underway, SDLG’s brand visibility and market share in Indonesia are expected to grow significantly, supporting the company’s long-term ambitions in Southeast Asia.
As the celebration marked a new beginning, SDLG reaffirmed its commitment to delivering reliable, high-quality solutions and building strong, collaborative partnerships in the region. The launch in Indonesia signals not only a strategic market breakthrough but also a new chapter in SDLG’s global growth narrative.
Media Contact
Organization: Shandong Lingong Construction Machinery Co., Ltd. (SDLG)
Contact Person: Jin Zhang
Website: https://www.sdlg.com/
Email:
jin.zhang@sdlg.com
City: Linyi City
Country:China
Release id:27192
View source version on King Newswire:
SDLG Strengthens Global Strategy with Grand Opening of Indonesian Subsidiary
It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
SDLG Strengthens Global Strategy with Grand Opening of Indonesian Subsidiary
Linyi City, China, 1st May 2025 – On April 26, 2025, SDLG officially inaugurated its Indonesian subsidiary- PT. SDLG INDONESIA MACHINERY in Jakarta, advancing the company’s strategic global expansion. Mr. Wen Degang, General Manager of SDLG, delivered the keynote address at the event, joined by Mr. Shi Shengyong, Deputy General Manager and General Manager of the Marketing Company, and Mr. Shi Dong, General Manager of the Asia-Pacific Marketing Company.
The ceremony welcomed more than 300 distinguished guests, including representatives from major Chinese enterprises in Indonesia, leaders from across the business community, strategic partners, and members of the media. The establishment of SDLG Indonesia, based in ASEAN’s largest economy, represents a critical milestone in the company’s broader internationalization strategy.
Building on 53 Years of Excellence, SDLG Accelerates Southeast Asia Expansion
The event commenced with the screening of The Heavy Trust, a documentary celebrating SDLG’s 50th anniversary.
In his remarks, General Manager Mr. Wen emphasized that over the past 53 years, SDLG has maintained consistent growth through technological innovation. Today, SDLG holds a leading position in China’s wheel loader market and ranks among the top three excavator brands nationwide. The company has been recognized with multiple international awards, including the China National Quality Award, ANQ Recognition for Excellence in Quality Practice and EFQM Global Excellence Award—making SDLG the only Chinese construction equipment manufacturer to receive this accolade. These achievements underscore the company’s global reputation for quality and reliability.
Mr. Wen highlighted the strategic significance of the Indonesian market, noting its annual infrastructure growth rate of over 8% and the strong, growing demand for construction machinery. The launch of SDLG Indonesia signals a new phase of accelerated growth in the Southeast Asian market.
During the ceremony, SDLG Indonesia signed cooperation agreements with seven strategic partners, securing purchase intentions for over 1,100 units across its full range of products, including excavators, wheel loaders, and road rollers. The total value of the agreements exceeded RMB 450 million.
This substantial commitment underscores the Indonesian market’s confidence in SDLG’s product performance and further strengthens the company’s position in the region.
Expanding Presence, Accelerating Growth
The establishment of PT. SDLG INDONESIA MACHINERY represents a pivotal step in advancing the company’s global strategy. With deliveries of the newly signed orders underway, SDLG’s brand visibility and market share in Indonesia are expected to grow significantly, supporting the company’s long-term ambitions in Southeast Asia.
As the celebration marked a new beginning, SDLG reaffirmed its commitment to delivering reliable, high-quality solutions and building strong, collaborative partnerships in the region. The launch in Indonesia signals not only a strategic market breakthrough but also a new chapter in SDLG’s global growth narrative.
Media Contact
Organization: Shandong Lingong Construction Machinery Co., Ltd. (SDLG)
Contact Person: Jin Zhang
Website: https://www.sdlg.com/
Email:
jin.zhang@sdlg.com
City: Linyi City
Country:China
Release id:27192
View source version on King Newswire:
SDLG Strengthens Global Strategy with Grand Opening of Indonesian Subsidiary
It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Bumpin Trade Redefines DeFi Derivatives on Solana with High Leverage and Modular Strategy Infrastructure
As decentralized finance (DeFi) continues to mature, the demand for efficient, transparent, and scalable on-chain derivatives infrastructure is reaching new heights. Against this backdrop, Bumpin Trade has officially launched, aiming to restructure the decentralized derivatives landscape on Solana through a series of technical breakthroughs.
More than a new product, Bumpin represents a shift in how derivatives are structured in Web3 — transforming them from isolated financial tools into modular, strategy-ready infrastructure. With a core focus on capital efficiency, risk control, and transparent clearing, Bumpin is designed to address the limitations that continue to plague traditional DEXs.
Breaking Away from “Isolated Trading”: Portfolio Margin as a Foundation
One of Bumpin’s most critical innovations is its Portfolio Margin System. Traditional DEXs typically rely on isolated margin, where capital is locked in individual positions and cannot be repurposed. In contrast, Bumpin allows users to manage all their positions within a unified margin account that supports multi-asset collateralization, cross-market trading, and automated liquidation logic.
The system accepts SPL-standard tokens, Solana LSTs, and bstToken as collateral, with real-time collateral ratio calculations based on decentralized oracles. Even under high-leverage conditions, the platform maintains system stability and user protection through dynamic risk management.
This structure frees users from capital fragmentation and enables more flexible deployment of strategies, making it ideal for both high-frequency traders and portfolio-based operations.
Dual-Yield Pathways: Earn While You Trade
Bumpin’s Earn Module introduces a novel dual-yield system that allows users to convert assets like SOL, USDC, and JTO into bstToken — earning up to 40% APR from liquidity provision.
More importantly, bstToken can be simultaneously used as trading margin in the portfolio account. This creates a circular on-chain capital flow:
Pledge — Earn — Collateralize — Trade Again.
Users are no longer forced to choose between passive yield and active trading. With Bumpin, they can pursue both simultaneously in a transparent and highly composable framework — without the risks of impermanent loss or complicated asset flows.
Intelligent Dual-Pool Architecture: Segregated Risk, Dynamic Yield Distribution
To stabilize returns and protect LP capital, Bumpin employs an innovative dual-pool liquidity architecture:
l bstToken Pool: Tracks real-time long/short unrealized PNL and distributes market volatility gains directly to LPs;
l StableCoin Pool: Aggregates stablecoins as collateral backing for short-side positions.
This design ensures that LPs participate in both fee income and market-driven rewards, while the platform dynamically allocates liquidity through algorithmic fund routing. The result is smoother trade execution and a stronger system-wide solvency mechanism.
Moon Module: Unlocking the Full Potential of On-Chain Leverage
Leverage determines strategy space in derivatives trading. With Moon, Bumpin introduces support for up to 1000x leverage, redefining the limits of decentralized leverage trading.
Enabled by Solana’s ultra-fast settlement speeds and stabilized oracle pricing from providers like Pyth, Moon allows users to execute ultra-short-term strategies with minimal initial collateral while maintaining full transparency and safe liquidation conditions.
Combined with Portfolio Margin, Moon supports high-frequency, high-precision strategies, placing Bumpin among the few platforms globally to combine ultra-high leverage with on-chain security and efficiency.
Audited by CertiK: Global-Grade Security from Day One
To ensure platform integrity and institutional readiness, Bumpin’s core smart contracts have undergone a full audit by CertiK, one of the most respected names in blockchain security.
The audit covers trading modules, clearing systems, liquidity pools, and margin management — confirming that Bumpin’s architecture is safe, robust, and ready for global users.
Audit Report:
https://skynet.certik.com/projects/bumpin-trade
Not Just a DEX — A Strategy Layer for the On-Chain Economy
Bumpin is not just building another DEX. Its core goal is to create a strategy-ready, modular foundation for derivatives trading — where capital can be reused, risk can be controlled, and the entire system remains visible and verifiable on-chain.
By combining high-performance margin systems, dual-yield liquidity mechanics, and transparent leverage execution, Bumpin provides both individual and institutional users with a next-generation DeFi experience — tailored for precision, scale, and composability.
About Bumpin Trade
Bumpin is a next-gen derivatives trading platform built on Solana. It combines portfolio margining, high-leverage Moon contracts, dual-yield liquidity systems, and real-time clearing to empower DeFi traders and institutions with smarter, faster, and more flexible strategies.
Twitter: https://twitter.com/Bumpin_Trade
Audit Report: https://skynet.certik.com/projects/bumpin-trade
Media Contact
Organization: Bumpin
Contact Person: Felipe
Website: https://app.bumpin.trade/trade
Email: Send Email
Country:Singapore
Release id:27163
View source version on King Newswire:
Bumpin Trade Redefines DeFi Derivatives on Solana with High Leverage and Modular Strategy Infrastructure
It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
-
Press Release6 days ago
The Illusion of Change — A Bold Philosophical Reflection by Adrian Gabriel Dumitru Challenges the True Nature of Transformation
-
Press Release7 days ago
Hybrid Collapse Releases Captivating New Album “Biopolitics”
-
Press Release20 hours ago
Safetyvalue Trading Center Launches Mobile App V2 With Biometric Login and Real-Time Alerts
-
Press Release6 days ago
Raven Keiara named Los Angeles finalist for 2025 August Wilson New Voices Monologue Competition
-
Press Release6 days ago
Champion Window Tinting Announces Cutting-Edge Solutions for Energy Savings and Privacy Enhancement
-
Press Release5 days ago
Cloom Tech Offers OEM Wire Harness Manufacturing Solutions
-
Press Release2 days ago
New Kindle Edition Book PERCEPTIONS Philosophical Essays About the Illusion of the Self’ Challenges Readers to Explore Life’s Meaning Through Contradictory Perspectives
-
Press Release1 week ago
MeFold Introduces Foldable, Sustainable Water Bottles to Support Eco-Friendly Lifestyles and On-the-Go Hydration