The Penpad brand is officially upgraded to Pencils Protocol, and the ecosystem is expanded in a hierarchical manner

BlockBeats news, on May 11, according to official news, the Scroll ecosystem project Penpad announced that it would upgrade its brand to the new Pencils Protocol. After the upgrade, Pencils Protocol not only upgraded LaunchPad, but also expanded Staking, Vaults asset management and value-added tools, as well as Shop products that link virtual assets and RWA. Pencils Protocol will become the leading innovative income aggregator and multi-asset auction platform in the Scroll ecosystem through the upgrade.

At the same time, Pencils Protocol will also launch a new Pencil points system, which is intended to serve as a reward mechanism for the Pencils Protocol ecosystem. It encourages users to actively participate in the construction of the ecosystem, thereby helping users obtain the allocation quota of the Launch project, and can also purchase corresponding props through the Shop. The greater the user's contribution to the ecosystem, the more Pencils they obtain, and the more welfare rights they can obtain.