Binance recently announced the listing of a new cryptocurrency — SCR (Skroll). From October 9, 2024, users will have the opportunity to farm SCR tokens on the Binance Launchpool platform, which allows you to earn cryptocurrency by staking $BNB or $FDUSD
### What is Skroll (SCR)?
Skroll (SCR) is a new blockchain project focused on Ethereum scaling solutions. Skroll aims to solve the problem of high fees and latency on the Ethereum network by using ZK-rollups technology. This technology allows a larger number of transactions to be performed outside of the main Ethereum network while maintaining high security and reliability.
Skroll's main goal is to reduce the load on the Ethereum network and enable faster and cheaper transactions. In this way, Skroll supports the development of decentralized applications (dApps), NFTs and other Ethereum-based products, allowing developers and users to benefit from reduced costs and faster network performance.
### Benefits of participating in Launchpool:
1. SCR Farming: Binance users will be able to stake their assets (in particular, BNB or FDUSD) on the Launchpool platform and earn SCR tokens without having to buy them on the market.
2. Exclusive access: Participation in farming through Binance Launchpool allows you to receive tokens before their official listing. This can be beneficial for those who wish to support the project in the early stages.
3. Stable technology: Due to its focus on Ethereum scaling, the Skroll project has the potential to become an important part of the blockchain ecosystem, especially for developers of decentralized applications.
### How to participate in farming on Launchpool?
To start farming SCR tokens, you need:
1. Log in to your Binance account.
2. Go to the Launchpool page and choose a staking pool (for example, BNB or FDUSD).
3. Deposit assets into the selected pool and start earning SCR.
This is a great opportunity to earn new tokens while supporting an innovative project that contributes to the further development of the Ethereum blockchain.
Thus, SCR could become a key element of Ethereum's infrastructure in the future, helping to solve scalability issues and making cryptocurrency transactions faster and cheaper.