Scroll Prepares SCR Token Airdrop Ahead of Binance Launch
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Airdrop Launch Paves Way for Scroll’s Decentralization
Scroll, an Ethereum zkRollup scaling solution, is gearing up for the release of its native token, SCR, with an airdrop announcement just ahead of the Binance listing. As part of its strategy to enhance scalability and real-world blockchain adoption, Scroll is introducing its token through a two-phased airdrop event.
The company aims to distribute 15% of the one billion SCR tokens, amounting to 150 million tokens, in this initial release. Binance will be the first platform to list SCR, adding it to its launch pool on October 11. The first phase of this airdrop, consisting of 7% of the total supply, is set for distribution shortly before the SCR token generation event (TGE), scheduled for October 22.
Scroll is allocating this first portion of the airdrop to reward on-chain users who have been actively involved in the network’s growth and development. Participants can expect the airdrop snapshot on October 19, three days before the token’s official launch.
While eligibility criteria for the airdrop remain uncertain, speculation is circulating that the initial phase will focus on rewarding engagement in volume and smart contracts within the Scroll ecosystem. Another 8% of the total supply will be set aside for future airdrops, planned to roll out over the next 12 to 18 months, providing more opportunities for community members and active participants to benefit from Scroll’s growing network.
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Binance, meanwhile, has announced it will offer 55 million SCR tokens, representing 5.5% of the total supply, as rewards in its launch pool. Starting on October 9, users who lock their BNB and FDUSD tokens over a two-day period will be eligible to earn SCR tokens.
The SCR token will be central to the governance, utility, and progressive decentralization of the Scroll network. Its use cases include serving as the primary governance mechanism for the protocol, giving holders a voice in major decisions about the network’s future.
Additionally, SCR will be integral to the protocol’s proving and sequencing functions, further embedding it into the rollup architecture. As Scroll evolves, the decentralized governance will rely heavily on SCR token holders to steer the network in new directions, ensuring the protocol remains secure and scalable.
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Though full details about airdrop eligibility have yet to be revealed, anticipation is high within the crypto community, especially among airdrop farmers who are keen to engage with the protocol early. The release of SCR on Binance’s launch pool on October 11, with an initial circulating supply of 190 million tokens, will mark a significant milestone in Scroll’s journey toward wider adoption and decentralization.
