Layer-2 Scroll Shares Plans for SCR Token Airdrop

In the blog article, they mentioned that introducing the SCR token is the initial phase towards their goal of achieving decentralization.

The team stated that “the SCR token will initially serve as the main governing body for our protocol, with plans to transition it into a utility token as Scroll grows more decentralized.” Once we make advancements in achieving decentralization, this token will also be utilized to facilitate the decentralization of Scroll’s prover and sequencer.

15% of the overall token allocation is designated for airdrops, and the initial airdrop, scheduled for October 22, represents 7% of this total. The total supply of Scrona Tokens (SCR) will amount to 1 billion.

As an analyst, I can express this as follows: I’ll earmark 17% of the funds for investors, while 10% will be directed towards the Scroll Foundation. The remaining percentage, which includes resources for the Scroll ecosystem and its contributors, will be distributed accordingly.

The token is set to debut through Binance Launchpool, earning a 5.5% share in rewards.

In a recent blog post, the Scroll team expressed their readiness to proceed to the next phase of Scroll. This involves creating an infrastructure that can handle large-scale operations and enhancing security measures. Additionally, they aim to make significant strides towards practical application and global distribution.