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Scroll Clarifies Partnership with Binance and Its Community Impact

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2 hours ago


Scroll has faced scrutiny over its partnership with Binance. In response, the project's management clarifies the partnership's objectives and takes measures to support the community.

What Did Scroll’s Founder Say About the Partnership?

Ye Zhang, co-founder of Scroll, defends the partnership with Binance, emphasizing its strategic importance for broadening the project's reach and enhancing market support.

The partnership goes beyond mere token listing and aims at strategic expansion.Ye Zhang

How Will Token Distribution Impact the Community?

Zhang elaborated on the token allocation for Binance’s launchpool, clarifying that the 5.5% comes from a dedicated growth budget, ensuring community rewards remain intact. To promote equitable distribution, a cap of 2,500 SCR per user was implemented during the pre-market phase to prevent large investors from monopolizing token allocation.

Conclusion

Scroll's leadership believes the partnership with Binance is essential for adapting to current market dynamics and strengthening the project's competitive stance. They remain committed to ensuring the project thrives and effectively meets the needs of its community.

Scroll underscores the importance of the Binance partnership in maintaining competitiveness and ensuring fair value distribution within the community.

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