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Scroll's Partnership with Binance: A Response to Criticism

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2 hours ago


Scroll is facing criticism for its collaboration with Binance and takes steps to clarify its principles and benefits.

Benefits of Binance Partnership

Ye Zhang, a founder of Scroll, emphasized that the partnership with Binance isn't just about listings but a strategic move to expand the project's reach and enhance market credibility. He pointed out that Binance's services play a critical role in the stability of stablecoins, especially in developing regions where the platform is considered more trustworthy than Ethereum.

The partnership with Binance is not just about listings, but about expanding the project and enhancing its market credibility.Ye Zhang

Effectiveness of Addressing Community Concerns

Regarding token distribution, Zhang clarified that the 5.5% token allocation for the Binance launchpool will come from the ecosystem budget, not the community's airdrop pool. Additionally, Scroll ensures a substantial number of tokens are set aside for community rewards to promote fairness. A purchasing cap of 2,500 SCR per user has been established during the pre-market phase.

Strategic Importance of Collaboration

Scroll's management emphasizes that the collaboration with Binance strengthens their market position while ensuring robust support for individual investors. The measures taken aim to foster a balanced and thriving ecosystem for all stakeholders involved.

Scroll aims to reassure the community, emphasizing that the partnership with Binance will yield long-term benefits and protect the interests of all participants.

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