Scroll, a known blockchain network, has set its Scroll Airdrop Snapshot for October 19, 2024. This event will determine who is eligible for the $SCR token airdrop, aiming to increase community participation. The $SCR Token Launch Date is planned for October 22, 2024, coinciding with the first chance for users to claim their airdrop rewards.

Scroll $SCR Token Launch Details  Source: @Scroll_ZKP $SCR Tokenomics: Detailed Distribution of Supply

Scroll has released a comprehensive $SCR Tokenomics breakdown, focusing on distributing tokens across various sectors to support the network’s growth:

  • Total Supply: 1,000,000,000 SCR tokens.

  • Airdrop Allocation: 15% of the total supply, with 7% reserved for the initial airdrop and 8% for future distributions.

  • Ecosystem & Growth: 35% dedicated to projects and community growth.

  • Scroll Foundation: 10% allocated for the foundation’s activities.

  • Core Contributors: 23% set aside for team members and advisors.

  • Investors: 17% of the supply allocated to investors.

The Scroll Foundation manages the early token distribution, guiding the development of the Scroll DAO. This structure ensures the community’s role in shaping the network.

$SCR Token Distribution Breakdown  Source: @Scroll_ZKP Role of $SCR in Governance and Decentralization

The $SCR token supports the decentralization of the Scroll network. It is central to Scroll DAO, enabling the community to participate in governance. This helps keep decisions aligned with community interests.

The $SCR token also helps create a reliable prover network. This network is crucial for verifying transactions, ensuring efficiency in Scroll’s protocol. By involving external parties, $SCR incentivizes the maintenance of high-performance provers.

Scroll’s plan includes decentralizing the sequencer. This component orders transactions and ensures Layer 2 block finality, improving the user experience. $SCR is essential in this process, helping to build a resilient and responsive network.

Scroll Airdrop Snapshot: Who Qualifies?

The first Scroll Airdrop Snapshot on October 19 will reward active contributors to the Scroll ecosystem. Eligible participants include those engaged in development, research, and open-source contributions.

These distributions aim to broaden community involvement and ensure fair ownership. Future airdrops will take place over 12 to 18 months, encouraging ongoing engagement with Scroll’s network.

Binance Launch Offers Early Access to $SCR Trading

Scroll has partnered with Binance to offer early access to $SCR trading. Starting Oct  11, 2024, users can trade $SCR during the pre-market phase. This gives early participants a chance to engage with the token before its official launch on Oct  22.

From Oct. 9, users can participate in Binance Launchpool by locking BNB and FDUSD. This opportunity allows them to earn $SCR rewards over two days, creating an early engagement point for potential investors.

$SCR Token Launch on Binance Launchpool  Source: @Scroll_ZKP FAQs What is the Scroll Airdrop Snapshot Date?

The Scroll Airdrop Snapshot Date is Oct. 19, 2024. It determines eligibility for airdrop rewards based on user activity.

When does Scroll $SCR pre-market trading begin on Binance?

Pre-market trading for $SCR starts on Oct. 11, 2024. Users can access early trading opportunities before the token’s official launch.

What is the total supply of Scroll $SCR tokens?

Scroll has set a total supply of 1,000,000,000 SCR tokens, distributed across various areas like ecosystem growth and contributor rewards.

What role does Scroll $SCR play in Scroll’s governance?

$SCR supports governance through Scroll DAO, allowing community-driven decisions and decentralized protocol management.

Who is eligible for the first Scroll $SCR airdrop?

The airdrop is for active participants in the Scroll ecosystem, including researchers and contributors involved in the network’s development.

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