The highly anticipated Scroll token has officially been listed on various exchanges, but user criticism regarding its airdrop continues unabated.
According to DeBlock, the airdrop distribution process began a few hours ago, allowing applicants to claim their tokens through the official website. Shortly after, the Scroll token debuted on exchanges with a price of $1.20.
Scroll Token Listed
Developers of the Layer 2 network announced that only 7% of the total SCR supply will be distributed in the first airdrop, a decision that has drawn considerable backlash. Users pointed out that the airdrop will primarily benefit key contributors to the ecosystem, emphasizing a community-focused allocation strategy.
More than 570,000 wallets are expected to receive 5.5% of the Scroll token supply, including over 600 open-source contributors, 115 technical contributors, and more than 100 ZK researchers. Notably, approximately 5% of the total Scroll supply will also be distributed through Binance’s launchpool, further fueling user discontent.
Read More: How to participate in Scroll Airdrop?
Traders are expressing concerns that the SCR tokenomics heavily favor the development team, with 23% of the total supply allocated to the team and 10% to its investors.
You May Like These Too:
- What to Expect for X Empire Token Price Following Listing: An Analysis of $X Token
- TON Network Connects with 68 Blockchains Through Mobius Development Stack
- Are Altcoins Going to the Moon? Technical Analysis of TON Coin, Dogecoin, and Shiba Inu (October 18, 2024)
- Hamster kombat Season Two Launches Soon: Is It Really a Waste of Time?
- MemeFi Announced Eligibility Criteria for $MEMEFI Upcoming Airdrop
- Is Donald Trump DeFi Project Facing Collapse? WLFI Token Sale Fails to Meet Goals