Binance has announced the launch of the 60th Launchpool project featuring the altcoin Scroll (SCR). Following Binance’s announcement, users closely monitored SCR coin. Additionally, the cryptocurrency exchange revealed that pre-market trading for SCR coin will commence on October 11, 2024.
Details of Scroll Launchpool
Scroll (SCR) stands out as a platform utilizing zkEVM Rollup technology, operating at a bytecode level compatible with Ethereum $3,269. This new project allows users to earn tokens by locking BNB and FDUSD through Binance Launchpool. The farming process will begin on October 9, 2024, and will continue until October 10, 2024.
Within the Binance Launchpool framework, users can earn SCR coin by locking their BNB and FDUSD assets for two days. However, there will be a maximum hourly limit per user. In this way, users can acquire a total of 97,395 SCR from the BNB pool and 17,187 SCR from the FDUSD pool.
The total supply of SCR altcoin is 1 billion, with 55 million units (5.5%) allocated as Launchpool rewards.
Pre-Market Trading
Furthermore, Binance will list SCR coin on October 11, 2024, in the pre-market trading segment. The initial trading pair will be SCR/USDT. Participation in the Pre-Market trading process will depend on regional eligibility criteria. The end date for the Pre-Market and the official listing date for the altcoin will be announced later.
With a total supply of 1 billion coins, Scroll will have an initial circulating supply of 190 million SCR when it starts trading on Binance. During this period, users will seek to lock their BNB and FDUSD assets in order to earn rewards from this highly anticipated new altcoin.