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Ethereum Layer 2 Scroll’s Insane Native Token Launch: Giveaway Galore, Decentralization… In Your Grandma’s Basement!

A  illustration depicting an old, eccentric grandma sitting at her desk surrounded by computer screens and coding equipment in her cluttered basement, holding a laptop that displays the Ethereum blockchain as she types away excitedly on it.

Decentralization, huh? More like ‘decentralized to my grandma’s basement’ – that’s what this native token launch by Scroll is all about. On Oct 22, they’re planning to list their SCR token on Binance and give it away as a freebie to anyone who has been hanging around the Ethereum layer-2 (L2) network for too long.

Source: cointelegraph

Scroll is preparing to launch its native token, SCR, in what the Ethereum layer-2 (L2) network described as a “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. Scroll said: “SCR will be used as a primary governance mechanism of the protocol and progress to being a protocol utility […]

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