Scroll is under pressure after announcing its partnership with Binance. The community is concerned that major exchanges are being prioritized over adequate rewards for community members.

Defending Strategic Value of Binance Partnership

Scroll co-founder Ye Zhang emphasized that the partnership with Binance is strategically important for expanding the project and market support. He noted that Binance’s stablecoin services are crucial for developing markets, where Binance is seen as more legitimate than even Ethereum.

Response to Token Distribution Concerns

Ye Zhang clarified that 5.5% of tokens for Binance’s launchpool are from the ecosystem and growth budget, without affecting the community airdrop pool. To prevent unfair advantages for large investors, Scroll implemented a 2,500 SCR token purchase limit per user during the pre-market phase.

Scroll's Long-term Strategy

Scroll's management asserts that the partnership with Binance aims to adapt to current market conditions and strengthen the project's competitive position. They are confident that their token distribution strategies will foster a healthy and decentralized ecosystem.

The partnership with Binance aims to provide the project with a broader investor base and significant infrastructure support. Measures taken in response to community concerns are intended to support the project’s long-term success.