Ethereum layer-2 Scroll tips native token launch
The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.
Scroll is preparing to launch its native token, SCR, in what the Ethereum layer-2 (L2) network describes as its “first step toward decentralization.”
On Oct. 22, Scroll plans to list SCR on Binance and airdrop the token among the network’s existing users, according to an Oct. 8 blog post.
According to Scroll, “SCR will be used as a primary governance mechanism of the protocol and progress to being a protocol utility token as Scroll becomes more decentralized.”
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Author: Alex O’Donnell
