1. Project Overview
Ethereum has a thriving ecosystem, but it struggles with congestion and high fees. Scroll is a Layer 2 zkRollup solution that utilizes zero-knowledge proof technology to scale Ethereum, offering faster and more cost-effective transactions without sacrificing security or compatibility.
2. Token Information
Token Name: $SCR
Token Type: ERC-20
Total Supply: 1,000,000,000
Initial Circulating Supply: 190,000,000
3. Token Utility
Governance: On day one, SCR token holders will have the ability to vote on governance decisions regarding the development of the Scroll protocol.
Future Use Cases: SCR will serve as a protocol token to decentralize the prover, sequencer, and foster innovations within the multichain ecosystem. Additionally, it will facilitate staking, enable gas-free transactions, and play a central role in coordinating incentives throughout the ecosystem.
4. Project Highlights
Scroll Mainnet Launch: October 2023
Technical Upgrades:
EIP-4844 Data Blobs: April 2024
Darwin Upgrade: August 2024
October 2024 Update
Scroll Sessions Launch: April 2024
Total Value Locked (TVL): $1.15 billion (as of September 15, 2024)
DeFi Ecosystem TVL: Nearly $800 million (as of September 24, 2024)
Top Stablecoin Market Cap: Over $100 million
Scroll Canvas Launch: July 2024
EAS Attestations: Over 3 million (as of September 26, 2024)
On-Chain Attestation Use Cases: Identity proof, KYC/AML, voting, governance, memberships, loyalty programs, on-chain registries.
