The cryptocurrency exchange Binance has announced the launch of its 60th Launchpool project featuring the altcoin Scroll (SCR). Users are eagerly anticipating pre-market trading for SCR, which will begin on October 11, 2024.
Details of Scroll Launchpool
Scroll (SCR) is a platform utilizing zkEVM Rollup technology, operating at a bytecode level compatible with Ethereum. This new project allows users to earn tokens by locking BNB and FDUSD through Binance Launchpool. The farming process will start on October 9, 2024, and will continue until October 10, 2024.
Within Binance Launchpool, users can earn SCR by locking their BNB and FDUSD assets for two days. There will be a maximum hourly limit per user. This allows users to acquire a total of 97,395 SCR from the BNB pool and 17,187 SCR from the FDUSD pool.
The total supply of SCR altcoin is 1 billion, with 55 million units (5.5%) allocated as Launchpool rewards.
Pre-Market Trading
Binance will list SCR in the pre-market trading segment on October 11, 2024. The initial trading pair will be SCR/USDT. Participation in the Pre-Market trading process will depend on regional eligibility criteria. The end date for the Pre-Market and the official listing date for the altcoin will be announced later.
With a total supply of 1 billion coins, Scroll will have an initial circulating supply of 190 million SCR when it starts trading on Binance. During this period, users will seek to lock their BNB and FDUSD assets to earn rewards from this highly anticipated new altcoin.
The new Launchpool project from Binance featuring SCR coin offers users a unique opportunity to earn through farming by locking their assets. Many are expected to follow the project with anticipation, particularly after the pre-market trading begins.
