Scroll, a leading Ethereum Layer 2 solution, has announced the debut of its native SCR token on Binance, marking a pivotal moment in the platform's decentralization journey. The exchange will host pre-market trading for SCR ahead of its official listing, alongside a staking program for early participants.
Key Details About SCR Token Launch
Binance Launchpool Staking (October 9–11)
- Farm SCR by staking BNB or FDUSD
Pool caps:
- BNB Pool: Max 97,395 SCR
- FDUSD Pool: Max 17,187 SCR
- Total rewards: 55 million SCR (5.5% of total supply)
👉 Start staking SCR tokens today
Pre-Market Trading (October 11)
- SCR/USDT pair goes live at 10:00 UTC
- Restricted regions: US, Canada, Japan, Spain
- Tokens are tradable instantly (non-derivative)
SCR Tokenomics and Distribution
- Total supply: 1 billion SCR
- Initial circulating supply: 190 million (19%)
Allocation breakdown:
Category Percentage Details Ecosystem Growth 35% Grants, partnerships Core Contributors 23% Team incentives Investors 17% 4-year vesting Airdrops 15% First drop: October 22, 2024
SCR’s Role in Scroll’s Ecosystem
- Governance: Voting via Scroll DAO
- Network Operations: Proving and sequencing transactions
- Decentralization: Community-driven platform evolution
Strategic Importance
The SCR launch aligns with Scroll’s mission to scale Ethereum while prioritizing:
- Accessibility: Lower fees for global dApp usage
- Sustainability: Long-term DAO governance
- Innovation: Funding ecosystem projects
👉 Explore Ethereum Layer 2 solutions
FAQs About SCR Token
1. When will SCR be listed on Binance’s spot market?
Binance hasn’t confirmed the date yet, but pre-market trading starts October 11.
2. How can I claim SCR airdrops?
Eligible users receive tokens automatically on October 22, 2024, based on snapshots.
3. What’s the staking APY for SCR?
Rates vary by pool demand. Binance will display real-time yields during the event.
4. Is SCR available on other exchanges?
Currently, Binance is the only platform offering SCR trading.
5. How does Scroll differ from other L2s?
Scroll uses native Ethereum security with ZK-proofs for full compatibility.
6. Can US residents participate?
No — pre-market trading and staking are geo-blocked for US users.