Scroll Crypto News: Cross-Chain Collaboration Set for October 29

Scroll Crypto News: Key Insights on Cross-Chain Collaboration Event

Ethereum’s ecosystem is set to take a significant leap toward broader interoperability on Tuesday, October 29th, 2024, at 3 PM UTC. Founders from prominent platforms like Arbitrum, Base, Optimism, and Scroll will discuss the future of cross-chain collaboration. 

Source: X

This event highlights the potential of Ethereum-wide interoperability, driven by Scroll and other major players in the blockchain space.

Scroll Airdrop Snapshot and Distribution

The highly anticipated Scroll airdrop is now live, with a total of 55 million $SCR tokens being distributed. The Scroll Airdrop Snapshot Date was taken on October 19th, 2024, engaging over 380,000 wallets, making it a landmark event in the crypto world.

The Scroll airdrop claim opened on October 22nd, 2024, at 07:00 UTC, allowing participants to claim their share of Scroll crypto. This Scroll token airdrop represents 5.5% of the total supply and is structured as follows:

• 4% Allocation (40 Million $SCR): Distributed based on participants' on-chain activity and funds, rewarding more active users.

• 1% Allocation (10 Million $SCR): Equally distributed to all eligible participants, ensuring smaller wallets are included.

• 0.5% Bonus (5 Million $SCR): For participants who completed extra tasks within the allocated timeframe.

Eligible participants have 90 days to claim their Scroll coin rewards through the Airdrop Claim page.

Agora’s Role in Scaling the Airdrop Process

Agora Governance has played a crucial role in ensuring the smooth distribution of the Scroll crypto token. With a system capable of handling over 20,000 concurrent users, the airdrop process has been efficient and scalable. Agora also introduced governance features such as delegate matching, emphasizing that the airdrop is just the beginning of Scroll crypto’s governance journey.

Scroll listing and trading for $SCR began on platforms like Bitget and Binance starting October 22, 2024. This marks a pivotal moment for the Scroll crypto listing, solidifying its presence in the market.