Pencils Protocol TVL exceeds 200 million US dollars

Recently, Pencils Protocol, the leading project in the Scroll ecosystem, has joined the Scroll Canvas on-chain identity verification activity. Users who have participated in the Pencils Protocol S2 and S3 activities can go to the Scroll Canvas activity page to cast Pencils badges and Scroll identity logos. As of now, the total TVL of the Pencils Protocol S3 activity has exceeded 200 million US dollars. Currently, Pencils Protocol is the native project with the highest TVL in the Scroll ecosystem. Through in-depth linkage with major LSD and LRT asset-side partners and major downstream defi projects, Pencils Protocol continues to consolidate its leading position in the Scroll ecosystem.