Scroll announced the launch and airdrop of the SCR token on October 22, 2024. This step enhances decentralization and Scroll's role in the Ethereum ecosystem.

SCR: A Key Step Towards Decentralization

The SCR token will be a key element in developing scalable and secure infrastructure. It will serve as the governance token of the Scroll network, allowing users to participate in key protocol decisions. Over time, SCR will evolve into a utility token, incentivizing provers and ensuring the security of the network’s sequencers.

Key Details of the SCR Token Launch

Scroll has outlined the specifics of the SCR token launch. The total supply will be 1,000,000,000 SCR. The airdrop snapshot date is October 19, 2024, with claim availability on October 22, 2024. The airdrop will reward early adopters who have actively participated in the Scroll ecosystem.

The Role of SCR in Scroll’s Ecosystem

Scroll’s long-term roadmap involves three critical rights that need to be decentralized: governance, proving, and sequencing. SCR will be used to decentralize governance through Scroll’s DAO, incentivize external parties to run provers, and decentralize the sequencing function, ensuring sustainability and transaction finality.

The launch of SCR strengthens Scroll's position in the Ethereum ecosystem, promoting decentralization and building infrastructure for future distributed applications.