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After scrolling through the network for over a year, the first-ever Scroll airdrop is finally live.
Stop scrolling, start claiming and let’s discover the potential behind the leading Ethereum Layer 2 network Scroll and the newly launched $SCR token!
What is Scroll?
Scroll is an Ethereum Layer 2 that was founded in 2021 and has grown to become a leading and desired network for users, organizations and developers. Scroll serves one purpose: to scale and secure Ethereum to its ultimate form.
Competing with other major Layer 2s, such as zkSync and Starknet, Scroll is another network that utilizes zero knowledge (zk) technology to scale and secure the Ethereum blockchain. While the competition is strong, Scroll prides itself on its security-focused network, an essential aspect for users of all kinds.
Scroll Ecosystem
In comparison with other Layer 2 ecosystems, Scroll offers an interactive and rewarding experience as users explore and use dApps within the Scroll ecosystem. This is all done through ‘Scroll Sessions’, a platform for users to earn badges (achievements) and Scroll Marks which are a form of experience points to qualify themselves for $SCR airdrops.
Over the last few years, as they battle-tested their testnets and mainnet, the Scroll ecosystem has grown exponentially and has introduced many popular integrated and natively developed protocols, including Aave, SyncSwap, Rollie Finance and many others.
Statistically, Scroll is one of the most popular and successful Layer 2 networks, achieving over $1.34B in TVL, over 98.46M facilitated transactions and over 6 million unique wallet addresses. With more development underway, these stats could increase dramatically over the coming months to years.
Scroll Token ($SCR)
Recently airdropped and further decentralizing the network is the native Scroll token ($SCR). Currently, $SCR is purely the governance token of the network, however, in the future, the plan is to transition it into a primary utility token, further enhancing the use cases of $SCR.
Scroll ($SCR) Airdrop
Now, regardless if you did or didn’t get the first $SCR airdrop, Scroll has already announced the second and final round of the Scroll token airdrop. Although the eligibility requirements are not yet announced, using the network, and earning badges and marks could be a good start for those interested in qualifying.
For those who are subscribed and stay up to date with our endless stream of Crypto Airdrop Guides on YouTube, you may have already qualified for the $SCR airdrop, as well as many others. In the future, we will be diving back into Scroll for the second airdrop round, so if you want to join us, follow us over to YouTube, subscribe and turn on those notification bells!
Conclusion
According to CoinMarketCap, at the time of writing, $SCR is trading at $1.40 with a market cap of over $265M. The newly launched token $SCR has just concluded its first airdrop and could experience major volatility until the claiming is over. Now that $SCR is live, it’s time to compete with the other leading Ethereum Layer 2 tokens on the market.
Official Scroll Links
Disclaimer
The content provided in this article is purely informational and nothing said is financial advice. Proceed with caution and always invest what you are prepared to lose. Remember that you are entirely responsible for your assets and investments and the author and the publication do not endorse any of the cryptocurrencies, protocols and/or strategies in this article.
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