Scroll Launches $SCR Token to Acknowledge International Neighborhood Contribution and Decentralize its Ecosystem
Hong Kong, Singapore, London, and Dubai, International, October twenty second, 2024, Chainwire
Scroll, the main zero-knowledge rollup for Ethereum, introduced the launch of its native token, $SCR right this moment.
With the introduction of $SCR, Scroll acknowledges its world group of contributors for his or her ongoing assist and goals to supply everybody, in every single place with alternatives to take part within the decentralized way forward for Scroll.
$SCR will likely be distributed to Scroll contributors by means of thoughtfully designed allocations to maximise influence in creating alternatives for a decentralized world group. Preliminary distribution of $SCR will embody an airdrop to members who contributed to onchain actions, tasks which have constructed on Scroll, trade contributors (corresponding to technical contributors, zero-knowledge researchers, open-source builders, public items organizations, and academic information suppliers) in addition to broader world group organizers, hackathon winners, Highway to DevCon and Ethereum translators. The design of this primary airdrop acknowledges the significance of Scroll contributors’ participation, involvement, and group assist.
As well as, Scroll will likely be introducing the following technology of reward packages, to generate new methods of fostering innovation and elevating assist for the Scroll group. Scroll Open, a brand new program designed to reward essentially the most revolutionary, inventive, and fast-growing builders on Scroll will present retro grants with a possible allocation dimension of US$100 million.
Utilizing superior zero-knowledge know-how, Scroll has the quickest finality amongst all rollups, making it a cornerstone of the platform’s safety and interoperability. This innovation transforms finality from a mere technical milestone into an important function that can drive the resilience of the whole community, additional enhancing the utility of $SCR inside the ecosystem.
“The launch of $SCR embodies the momentum of our protocol’s evolution,” stated Raza Zaidi, Head of Progress for Scroll. “This token goals to assist decentralize governance whereas enhancing our technical infrastructure. Our dedication to a completely decentralized ecosystem ensures that $SCR will play a vital position in driving the long run development and resilience of our platform.”
“Scroll’s mission is to construct a extra scalable and safe decentralized world. The launch of $SCR is a major milestone in realizing this imaginative and prescient, because it empowers our group with better management and rewards their contributions,” stated Sandy Peng, Co-Founding father of Scroll. “By decentralizing governance and incentivizing participation, we’re creating a strong and resilient ecosystem. This launch marks the start of a brand new chapter for Scroll, the place our group drives innovation and development.”
About Scroll
Scroll is the main zero-knowledge rollup. Leveraging quick finality and excessive throughput, Scroll is making a extra accessible, and safe onchain future for everybody. Our mission is to supply an easy-to-use, developer-friendly surroundings to scale Ethereum for good. Scroll empowers builders to ascend past right this moment’s limitations and drive real-world influence. For extra data, customers can go to scroll.io.
Contact
Head of Communications
Ryan Dennis
Scroll
press@scroll.io
