Hong Kong, Singapore, London, and Dubai, Global,
October 22nd, 2024, Chainwire
Scroll, the leading zero-knowledge rollup for
Ethereum, announced the launch of its native token, $SCR
today.
With the introduction of $SCR, Scroll recognizes its global
community of contributors for their ongoing support and aims to
provide everyone, everywhere with opportunities to participate in
the decentralized future of Scroll.
$SCR will be distributed to Scroll contributors through
thoughtfully designed allocations to maximize impact in creating
opportunities for a decentralized global community. Initial
distribution of $SCR will include an airdrop to participants who
contributed to onchain activities, projects that have built on
Scroll, industry contributors (such as technical contributors,
zero-knowledge researchers, open-source developers, public goods
organizations, and educational data providers) as well as broader
global community organizers, hackathon winners, Road to DevCon and
Ethereum translators. The design of this first airdrop recognizes
the importance of Scroll contributors’ participation, involvement,
and community support.
In addition, Scroll will be introducing the next generation of
reward programs, to generate new ways of fostering innovation and
elevating support for the Scroll community. Scroll Open, a new
program designed to reward the most innovative, creative, and
fast-growing builders on Scroll will provide retro grants with a
potential allocation size of US$100 million.
Using advanced zero-knowledge technology, Scroll has the fastest
finality among all rollups, making it a cornerstone of the
platform’s security and interoperability. This innovation
transforms finality from a mere technical milestone into a vital
feature that will drive the resilience of the entire network,
further enhancing the utility of $SCR within the ecosystem.
“The launch of $SCR embodies the momentum of our
protocol’s evolution,” said Raza Zaidi, Head of Growth for Scroll.
“This token aims to help decentralize governance while enhancing
our technical infrastructure. Our commitment to a fully
decentralized ecosystem ensures that $SCR will play a critical role
in driving the future growth and resilience of our
platform.”
“Scroll’s mission is to build a more scalable and
secure decentralized world. The launch of $SCR is a significant
milestone in realizing this vision, as it empowers our community
with greater control and rewards their contributions,” said Sandy
Peng, Co-Founder of Scroll. “By decentralizing governance and
incentivizing participation, we are creating a robust and resilient
ecosystem. This launch marks the beginning of a new chapter for
Scroll, where our community drives innovation and
growth.”
About Scroll
Scroll is the leading zero-knowledge rollup.
Leveraging fast finality and high throughput, Scroll is creating a
more accessible, and secure onchain future for everyone. Our
mission is to provide an easy-to-use, developer-friendly
environment to scale Ethereum for good. Scroll empowers builders to
ascend beyond today’s limitations and drive real-world impact. For
more information, users can visit scroll.io.
Contact
Head of
Communications
Ryan
Dennis
Scroll
press@scroll.io