Scroll Network Announces SCR Airdrop Conditions

Date: 2024-10-22 Author: Oliver Abernathy Categories: AIRDROPS
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7% of the total token supply has been allocated for distribution, which is 70 million SCR. Of this, 5.5% is intended for active network participants as a reward, and the rest is for projects in the ecosystem, developers, and researchers.

The claim for receiving tokens will be available on October 22 at 10:00 Kyiv and Moscow time.

The main conditions for receiving tokens by the community:

— 40 million SCR (4% of the total supply) will be distributed among wallets containing more than 200 tags at the time of data fixation on October 19; — 10 million SCR (1%) are allocated as bonuses for all wallets that meet the airdrop criteria; — 5 million SCR (0.5%) are intended for additional bonuses, such as owning ENS domains, donating to Gitcoin or JuiceBox platforms, and using smart contract wallets.

In addition, there are additional bonuses for holders of special badges.

As for ecosystem projects, 6.977 million SCR will be distributed among more than 100 teams. The main criteria for receiving tokens are having a certain amount of locked value and integration with Scroll.

Another 1.15 million SCR will be given to those who have made significant contributions to Scroll’s technical development and research. An additional 1.66 million SCR will be distributed among early contributors to the project. Tokens will also be given to data providers, aggregators, hackathon winners, and other community members.

Binance, one of the largest crypto exchanges, announced the launch of premarket trading of the SCR token on October 11. At the time of writing, the price of SCR was around $1.4.

The Scroll network was created in 2021 to scale Ethereum to a billion users. In October 2023, the project successfully launched its mainnet. According to DeFi Llama, there are currently $836 million worth of assets locked in the Scroll network.

CoinGecko experts previously conducted an analysis and determined the best time to sell tokens received through an airdrop.
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