Scroll, the pioneering zero-knowledge rollup for Ethereum, has officially unveiled its native token, $SCR, today.

With the launch of $SCR, Scroll acknowledges its worldwide network of contributors for their relentless support and strives to offer everyone, everywhere, the chance to engage in the decentralized future of Scroll.

$SCR will be allocated to Scroll contributors through strategic distributions to enhance the potential for a decentralized global community. The inaugural distribution of $SCR will feature an airdrop aimed at participants engaged in on-chain activities. This includes projects developed on Scroll, key industry contributors like technical experts, zero-knowledge researchers, open-source developers, public goods organizations, and educational data providers. Additionally, it will extend to global community organizers, hackathon victors, Road to DevCon participants, and Ethereum translators. This inaugural airdrop design highlights the crucial role of Scroll contributors, emphasizing their active participation, engagement, and the strength of community backing.

Moreover, Scroll is set to unveil a cutting-edge reward program to create innovative pathways and enhance support for the Scroll community. Scroll Open, an exciting initiative aimed at incentivizing the most innovative, creative, and rapidly expanding builders on the Scroll platform, is set to distribute retro grants with a potential allocation of up to US$100 million.

With cutting-edge zero-knowledge technology, Scroll boasts the quickest finality of all rollups, establishing itself as a fundamental pillar of the platform’s security and interoperability. This breakthrough elevates finality from a technical checkpoint to a crucial element that bolsters the network’s resilience, significantly amplifying the utility of $SCR within the ecosystem.

“The launch of $SCR embodies the momentum of our protocol’s evolution,” said Raza Zaidi, Head of Growth for Scroll. “This token aims to help decentralize governance while enhancing our technical infrastructure. Our commitment to a fully decentralized ecosystem ensures that $SCR will play a critical role in driving the future growth and resilience of our platform.”

“Scroll’s mission is to build a more scalable and secure decentralized world. The launch of $SCR is a significant milestone in realizing this vision, as it empowers our community with greater control and rewards their contributions,” said Sandy Peng, Co-Founder of Scroll. “By decentralizing governance and incentivizing participation, we are creating a robust and resilient ecosystem. This launch marks the beginning of a new chapter for Scroll, where our community drives innovation and growth.”