Scroll has faced increasing reactions from community members due to its recent partnership with Binance. Critics argue that the focus is on supporting major exchanges while community members feel insufficiently rewarded. In response to these concerns, Scroll management has taken steps to clarify and defend its position.
Ye Zhang, Founder of Scroll, Defends the Strategic Value of the Binance Partnership
In addressing community concerns, Ye Zhang, one of Scroll’s founders, emphasized that the collaboration with Binance serves not just a listing purpose but is a strategic step to grow the project and secure broader market support.
Zhang highlighted that Binance’s critical entry and exit services for stablecoins are vital for expansion into emerging markets. He noted that in these regions, the exchange is perceived as more trustworthy and widely used than Ethereum $3,351:
“When I visited Africa, I saw everyone using Binance – it has even stronger legitimacy for many locals than Ethereum.”
Response to Community Concerns About Token Distribution
Zhang also clarified that the 5.5% token allocation for the Binance launchpool comes from the ecosystem and growth budget, not from the community airdrop pool. He added that Scroll has reserved a significant portion of tokens for community rewards.
To prevent unfair advantages for large investors, Scroll has implemented a purchasing limit of 2,500 SCR per user during its pre-market phase. This measure aims to ensure broader distribution among potential holders. Zhang reiterated his commitment to long-term community engagement and growth:
“Much more is coming in the upcoming weeks.”
Scroll management states that the partnership with Binance is aimed at adapting to current market conditions and strengthening the project’s competitive position. The token distribution strategies are expected to support the growth of a healthy and decentralized ecosystem.
Through its partnership with Binance, Scroll aims to attract a broad base of investors and provide essential infrastructure support. The measures taken in response to community concerns are intended to promote the project’s long-term success.