Scroll is launching its first step toward decentralization with the $SCR token, available via Binance Launchpool and an airdrop. SCR will play a key role in Scroll’s governance, protocol design, and decentralization efforts.
Key Details:
- Token Name: Scroll (SCR)
- Total Supply: 1,000,000,000 SCR
- Airdrop Snapshot Date: October 19, 2024
- Token Launch Date: October 22, 2024
# SCR Utility:
1. Governance: Decentralizing Scroll via a DAO to ensure community control.
2. Proving: Incentivizing external parties to run provers for network sustainability.
3. Sequencing: Ensuring transaction ordering with high security and censorship resistance.
# Token Distribution:
- Airdrops (15%): 7% for the first airdrop, 8% for future airdrops.
- Ecosystem & Growth (35%): 10% for the Scroll DAO Treasury, 5.5% for Binance Launchpool, and the rest for partners and projects.
- Scroll Foundation (10%): To support the DAO’s operations.
- Core Contributors (23%): For the core team and advisors, vesting over 4 years.
- Investors (17%): Unlocking over 4 years.
Scroll aims to build a secure, decentralized network for global financial access and services.