The Ethereum Layer 2 network Scroll, which adopts zero-knowledge proof (ZK) technology, announced the details of its native token SCR’s airdrop on Monday. 7% of the total supply will be distributed in the first airdrop, and the eligibility snapshot was completed at 8:00 on October 19th, Taiwan time. Eligible users can start claiming SCR tokens from 15:00 on October 22nd. However, Scroll’s distribution design has sparked criticism from some community members.
According to Scroll’s announcement, the total supply of SCR tokens is 1 billion, of which 70 million (7% of the total supply) will be used for the first airdrop to reward key contributors in the Scroll ecosystem. These contributors are divided into four categories: “Community Drop” (participants who contribute through on-chain activities), ecosystem projects, industry contributors, and the global community.
In terms of the Community Drop, 55 million SCR tokens (5.5% of the total supply) will be distributed to users who contribute to the Scroll ecosystem through their loyalty program, Scroll Sessions (over 570,000 cryptocurrency wallets). Among them, 4% will be proportionally distributed to participants who have accumulated at least 200 Marks (activity points), and users with “Canvas” activity badges will also receive additional Marks bonuses based on the number of badges.
In the remaining Community Drop distribution, 1% will be evenly distributed as “Flat Boost” to all eligible on-chain participants (regardless of the number of points), and 0.5% will be evenly distributed as “Onchain Bonus” to on-chain participants who meet any of four specific conditions before August 1st. These conditions include: owning the highest level ENS domain on the Ethereum mainnet, donating more than $0.01 to any grant project on Gitcoin, donating to any activity on Juicebox, and using a smart contract wallet on Scroll.
The remaining initial airdrop tokens outside of the Community Drop (1.5% of the total supply) will be distributed to Scroll ecosystem projects, industry contributors, and the global community.
Community Controversies:
According to a report by The Block, many Scroll community members expressed concerns about the design of the token generation event, despite the highly anticipated distribution of SCR tokens. A user named Andrew 10 GWEI, interviewed by The Block, stated:
Andrew expressed particular dissatisfaction with the allocation of 5.5% of the total supply of SCR tokens to Binance Launchpool, which caused some people to feel discontent. This has led to a situation where Binance/BNB whales or any other whales have only two days to mine tokens and grab the majority of the tokens, which will later be dumped by a group of people who have never used the Scroll network. Andrew added, “In other words, we have two types of users – Binance users and Scroll users.”
In addition, the top ten wallets own more than 10% of the accumulated marks score, and the top 100 wallets collectively own about 250 million marks, accounting for about 30% of all accumulated scores so far. Andrew stated, “When such a large proportion of token supply falls into the hands of a few, it is difficult to call it decentralized.”
Another user, @katexbt, agreed with Andrew’s viewpoint, believing that Scroll’s airdrop benefits Sybil wallets (referring to users who use multiple wallets to obtain airdrop rewards) or users who utilize bots. Some also believe that SCR’s token economics are overly biased towards the team, with 23% of the total supply allocated to Scroll’s core contributors (team, future team, and advisors), and 10% allocated to the Scroll Foundation treasury.
According to CoinMarketCap data, the trading price of SCR was $1.4 at the time of writing.