As part of Binance’s ongoing efforts to introduce innovative projects in the crypto world, the platform has launched a new project on Launchpool called Scroll (SCR).

The project aims to provide an EVM-compatible Rollup that uses zkEVM technology to increase the security and speed of operations on the network. In this article, we will review the details of the project and how to participate in it, in addition to the benefits it provides to users.

What is Scroll (SCR) Project?

Scroll (SCR) is an innovative project based on zkEVM, a cutting-edge technology that balances privacy and transaction speed, allowing smart contracts to run efficiently. The project is based on the Rollup architecture, a cutting-edge solution that aims to enhance the performance of EVM-compatible networks, making it suitable for various decentralized applications.

Launchpool Participation Details:

Starting October 9 at 00:00 UTC, users will be able to lock BNB or FDUSD on Binance and receive SCR via Airdrop. This period will last for two days, giving users the opportunity to take advantage of the rewards before the token hits the market.

Pre-Market:

Binance has announced the availability of SCR trading in the Pre-Market ahead of its official listing on the market, where users can trade the SCR/USDT pair starting October 11 at 10:00 UTC. This pre-market trading gives users the opportunity to take advantage of the coin before it is fully available on the market, with a maximum limit of 2,500 SCR per user.

Information about the offer and rewards:

The total amount of Scroll (SCR) is 1 billion units (1,000,000,000 SCR), and Binance has allocated 5.5% of this total as rewards through Launchpool, which is about 55 million SCR. Rewards are distributed daily to participants through BNB and FDUSD pools.

Daily reward distribution:

The rewards are distributed on a daily basis, with BNB pool participants receiving 23,375,000 SCR daily, while FDUSD pool participants receive 4,125,000 SCR daily. This distribution is a great opportunity for investors looking to boost their digital wallet with new coin rewards.

Note on eligibility:

Due to some legal regulations, users from some countries may not be able to participate in Launchpool. Ineligible countries include the United States, Iran, and Syria, so users are advised to check their eligibility before starting.

Finally:

If you are interested in the Scroll (SCR) project and looking for an opportunity to invest in new Launchpool projects, be sure to follow Binance’s official accounts or visit their website for more details. Binance Launchpool is a great opportunity to explore promising projects and take advantage of the available rewards.