Scroll is shaking up the crypto world with a massive airdrop, designed to reward its active community and Ethereum Layer 2 (L2) users. In an effort to expand its reach and combat the current market downturn, Scroll is introducing a broader airdrop program with enhanced eligibility. As part of this initiative, 20 million $SCR tokens, recovered from Sybil attackers, have been reallocated and are now available for eligible participants. If you’re an Ethereum L2 active user, you may be eligible for this exciting opportunity!
In this guide, we’ll dive into the details of Scroll, its mission, and the steps you need to take to claim your $SCR tokens.
What Is Scroll?
Scroll is a zkEVM Rollup built on Ethereum, designed to enhance scalability and security while maintaining decentralization. zkEVM (zero-knowledge Ethereum Virtual Machine) is a cutting-edge Layer 2 solution that processes transactions more efficiently and at lower costs compared to Ethereum’s mainnet. By rolling up multiple transactions into a single proof, Scroll helps reduce gas fees and significantly improves throughput, making it ideal for decentralized applications (dApps).
The Scroll network is at the forefront of Ethereum scaling solutions, aiming to create a seamless environment for developers and users alike. With $SCR as its native token, Scroll ensures that participants can engage with the ecosystem while contributing to its governance and long-term development.
Why the $SCR Airdrop Matters
The $SCR airdrop is an opportunity for early supporters and active users of the Scroll ecosystem to receive governance tokens. As Scroll continues to decentralize, $SCR will play a vital role in governance, incentivizing third-party provers, and ensuring a decentralized sequencing process.
This airdrop also comes at a crucial time. With the crypto market facing a downturn, Scroll’s strategy is to strengthen its community by distributing tokens more widely, particularly to Ethereum L2 users who have been active on other rollup chains. Scroll aims to engage more users and projects to drive the next phase of Ethereum’s scalability.
Key Features of Scroll and $SCR
- zkEVM Rollup: Scroll uses zk-rollups to provide scalability for Ethereum while maintaining the network’s security guarantees.
- Governance: $SCR token holders will have a say in the protocol’s future development through Scroll’s DAO. As the network decentralizes, governance will become fully community-driven.
- Proving and Sequencing: $SCR will also be used to incentivize external provers and later decentralize the sequencing process, ensuring fairness and security in transaction ordering.
- Ecosystem Growth: A large portion of $SCR tokens are reserved for promoting the growth of the Scroll ecosystem by funding projects and rewarding developers, users, and contributors.
Scroll Token Distribution
The total supply of $SCR tokens is 1,000,000,000, with allocations aimed at supporting decentralization and growth. Here’s a breakdown:
- Airdrops — 15%: 7% of the total token supply is allocated to the first airdrop, while another 8% is reserved for future airdrops over the next 12–18 months.
- Ecosystem & Growth — 35%: This allocation is intended to foster the Scroll ecosystem by rewarding value-added participants, developers, and projects.
- Scroll Foundation Treasury — 10%: These tokens are managed by the Scroll Foundation to ensure the long-term development of the protocol.
- Core Contributors — 23%: Team members and advisors receive tokens as recognition for their efforts in building Scroll.
- Investors — 17%: Early investors are allocated a portion of the supply in return for their contributions to the project’s growth.
Expanded Eligibility for the $SCR Airdrop
In response to the current market conditions, Scroll has expanded the eligibility criteria for the $SCR airdrop to include Ethereum L2 active users. This means that users who have been interacting with Layer 2 solutions such as Arbitrum, Optimism, or zkSync might be eligible to claim $SCR tokens.
Additionally, Scroll has taken back 20 million $SCR tokens from Sybil attackers and is using these tokens to compensate eligible users, further increasing the impact of the airdrop.
Step-by-Step Guide to Claiming Your $SCR Tokens
If you think you might be eligible for the $SCR airdrop, follow the steps below to claim your tokens.
Step 1: Check Your Eligibility
The first step is to check whether you qualify for the airdrop. Eligibility is based on your on-chain activity within the Scroll ecosystem and Ethereum Layer 2 interactions before the snapshot date of October 19, 2024.
- Visit the Scroll Official Airdrop Page.
- Connect your wallet (MetaMask or any other supported wallet) to the platform.
- The system will automatically verify whether your wallet is eligible for the airdrop based on your activities on Scroll or Ethereum L2s.
- If your wallet qualifies, you will see the total number of $SCR tokens you can claim.
Step 2: Prepare Your Wallet
Before claiming your tokens, ensure your wallet is ready for the transaction:
- ETH for Gas Fees: Ensure you have enough ETH in your wallet to cover gas fees. Gas fees are required to process transactions on the Ethereum network.
- Correct Wallet Address: Verify that the wallet you are using is the same one that interacted with Scroll or other L2s. Only this address will be eligible to claim the $SCR tokens.
Step 3: Claim Your $SCR Tokens
Once your eligibility is confirmed, follow these steps to claim your tokens:
- On the Scroll Official Airdrop Page, click the “Claim” button next to the amount of $SCR tokens allocated to you.
- A pop-up will appear from your wallet (e.g., MetaMask), asking for permission to approve the transaction.
- Review the transaction details and gas fees, then click “Approve” to confirm the transaction.
- The transaction will be processed, and your $SCR tokens will be transferred to your wallet. This may take a few minutes to confirm on the Ethereum network.
Step 4: Verify and Add $SCR to Your Wallet
Once the transaction is successful, it’s time to check your wallet:
- Check Your Balance: Open your wallet and confirm that the $SCR tokens have been added. If the tokens don’t appear immediately, you may need to add the token manually.
- Manually Add $SCR: To add $SCR manually:
- Go to your wallet settings and choose the option to “Add Token.”
- Enter the $SCR contract address (which you can find on the Scroll Official Airdrop Page), and confirm.
3. Once added, your $SCR tokens should be visible in your wallet.
Step 5: Engage with the Scroll Ecosystem
Now that you have successfully claimed your $SCR tokens, it’s time to participate in the Scroll ecosystem. Here’s how you can get involved:
- Governance Voting: As a $SCR holder, you can vote on protocol changes and governance proposals within the Scroll DAO.
- Staking and Rewards: Keep an eye out for staking opportunities where you can earn rewards for holding or staking your $SCR tokens.
- Trading: Once $SCR is listed on exchanges, you can trade or hold the tokens as part of your investment in the future of Ethereum scaling.
Conclusion
Scroll’s $SCR airdrop is a significant event in the crypto space, offering participants the chance to own part of a revolutionary Layer 2 solution. Whether you’re an active Ethereum L2 user or have previously interacted with the Scroll ecosystem, this airdrop is your opportunity to be rewarded for your involvement. By following the steps outlined in this guide, you can easily check your eligibility and claim your $SCR tokens.
As Scroll continues to decentralize and grow, holding $SCR gives you a stake in the future of Ethereum scaling solutions. Stay tuned for more updates on future airdrops and other ways to engage with the Scroll ecosystem by visiting the Scroll Official Airdrop Page.
Frequently Asked Questions
What was the airdrop snapshot date?
The snapshot date is October 19, 2024, determining which users are eligible for the airdrop based on their interactions with Scroll and Ethereum L2s.
When can I claim my $SCR tokens?
The claim process will open on October 22, 2024, when the $SCR token officially launches.
What can I do with $SCR tokens?
$SCR tokens can be used for governance voting, staking for rewards, or trading once they are listed on exchanges.
Will there be more airdrops?
Yes, an additional 8% of the total $SCR supply has been reserved for future airdrops over the next 12–18 months.
Claim your $SCR tokens today and become a part of Scroll’s journey to decentralizing Ethereum’s future!
