Ethereum Layer2 network Scroll announced the token distribution design details on the X platform. The total supply of tokens is 1 billion SCR, the airdrop snapshot date is October 19, 2024, and the token release date and airdrop claim time are October 22, 2024.

Scroll said that SCR will be used as the main governance mechanism of the protocol and will develop into a protocol utility token as Scroll becomes more decentralized. More details about the SCR token release and airdrop claim will be shared in the next few days.