On October 22, Scroll, a second-layer network based on ZK-Rollups, will launch its SCR token and conduct an airdrop. The total supply of SCR will be 1 billion tokens, with the snapshot for the airdrop scheduled for October 19.

Tokenomics of the Project:

15% for airdrops (7% will be distributed in the first airdrop);
35% for ecosystem development;
10% for Scroll Foundation treasury;
23% for the team (1-year lock-up, 4-year vesting);
17% for investors (same conditions as for the team).

SCR will play a crucial role in protocol governance, proof-of-stake, and ordering transactions.

“There are three key rights for the decentralization of the Rollup protocol, and SCR participates in each: governance rights, proof rights, and ordering rights,” the developers of Scroll explained.

𝐒𝐂𝐑 𝐓𝐨𝐤𝐞𝐧 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧

We have thoughtfully designed our token distribution to maximize impact for our community and enlarge our global distribution of applications and services.

2/8 pic.twitter.com/NVVq1zQyHC
— Scroll (@Scroll_ZKP) October 8, 2024

Project Goal: Scroll

Scroll was founded in 2021 with the goal of scaling Ethereum to one billion users. In October 2023, the project launched its mainnet. According to DeFi Llama, at the time of writing, the total value locked (TVL) in the protocol amounts to $740 million.