Binance announces the launch of the 60th project on Binance Launchpool: Scroll (SCR), an innovative solution based on zkEVM, a Bytecode-level compatible rollup.
This project marks an important step forward in the cryptocurrency ecosystem, with the promise of improving the efficiency and scalability of the blockchain thanks to the use of zero-knowledge (zk) technology.
Binance users will have the opportunity to actively participate in this new opportunity by locking their assets to earn SCR through the Launchpool.
What is Scroll (SCR), the new project on Binance’s Launchpool?
Scroll is a zkEVM rollup that offers a Bytecode-level compatible infrastructure with Ethereum. This means that applications built on Ethereum can be run on Scroll without modifications, making it an ideal solution for those seeking greater scalability without compromising security or decentralization.
The zk-rollup technology allows for reducing transaction costs and increasing the speed of operation execution, keeping the network secure through the use of zero-knowledge proofs.
Starting from 00:00 (UTC) on October 9, 2024, Binance will kick off the “farming” phase of the Scroll (SCR) project via Launchpool. Users will be able to lock their BNB and FDUSD in dedicated pools to earn SCR tokens as a reward through an airdrop.
This phase will last two days, during which users can collect their SCR simply by participating in the Launchpool. The Launchpool mechanism is a beneficial tool for those who wish to obtain new cryptocurrencies at low risk, leveraging assets they already own, such as BNB and FDUSD.
Timing of the Pre-Market for Scroll (SCR)
Binance, one of the most influential cryptocurrency exchange platforms in the world, has also announced that the SCR token will be listed in the Pre-Market starting from 10:00 (UTC) on October 10, 2024. During this phase, users will be able to trade SCR/USDT before the official spot market opens.
The timing for the end of the Pre-Market and the start of the official listing will be communicated by Binance in an upcoming announcement. Users are encouraged to stay tuned for further updates.
It is important to emphasize that participation in the Pre-Market phase of Binance will be subject to restrictions based on the country or region of residence of the users. Binance applies strict regulations to ensure legal compliance in all jurisdictions where it operates. Users will need to verify their eligibility before participating in the Pre-Market trading phase.
Why participate in the Binance Launchpool and the pre-market of SCR?
Participation in the Binance Launchpool offers numerous advantages for users, especially for those who wish to acquire new tokens without having to purchase them directly on the market.
Locking your assets like BNB and FDUSD allows you to earn SCR passively, making the most of your investments. Additionally, participating in the Pre-Market offers the opportunity to access new tokens before the opening of the spot market, increasing the chances of profiting from the investment.
Scroll (SCR) presents itself as one of the most promising solutions in the blockchain landscape, thanks to its compatibility with Ethereum and zkEVM technology. Binance continues to consolidate its role as a leader in the cryptocurrency sector, offering its users unique opportunities to expand their portfolios in a secure and accessible way.
Conclusion
The launch of Scroll (SCR) on Binance represents a new and interesting opportunity for the platform’s users. With the locking of BNB and FDUSD, users will be able to obtain SCR through an airdrop and participate in token farming.
The Pre-Market phase, which will begin on October 10, 2024, offers early access to trading SCR/USDT, with the opportunity to capitalize on new developments in the blockchain market. Stay updated for further details on the official listing and don’t miss the chance to participate in this innovative project.
