Big news for Binance Launchpool fans! The Binance Launchpool has added its 60th project, Scroll (SCR). It’s a Bytecode-level compatible zkEVM Rollup. Now, users can get SCR tokens through a two-day airdrop event.
Starting October 9, 2024, at 00:00 (UTC), the Binance Launchpool farming for Scroll (SCR) starts. Users can lock BNB and FDUSD to get SCR airdrops. This Binance Launchpool upcoming project is making waves in the crypto world.
As part of the Binance Launchpool announcements, SCR token will be listed on Binance Pre-Market on October 10, 2024, at 10:00 (UTC). The pre-market trading for the SCR/USDT pair will open. There’s a limit of 2500 SCR per user. ETH deposits and withdrawals on the Scroll network are also available.
Keep an eye out for more Binance Launchpool updates and Binance new tokens. We’ll explore the Scroll (SCR) project’s details. Learn how to join this Binance Launchpool event and earn big Binance Launchpool rewards.
Introducing Scroll (SCR) on Binance Launchpool
Binance, the top crypto exchange, has added Scroll (SCR) as its 60th project. This is great news for users. They can earn SCR tokens by locking BNB and FDUSD assets from October 9 to 10, 2024.
What is Scroll (SCR)?
Scroll is a new project that makes Ethereum transactions faster and safer. It uses special tech to keep transactions private and secure. The SCR token is used for many things, like voting and helping with transactions.
SCR Tokenomics and Distribution
Scroll has a total of 1 billion tokens. Binance Launchpool will give out 55 million SCR tokens, or 5.5% of the total. These tokens will be given to those who lock BNB and FDUSD during the farming period.
| Pool | Token Allocation | Percentage |
|---|---|---|
| BNB Pool | 46,750,000 SCR | 85% |
| FDUSD Pool | 8,250,000 SCR | 15% |
| Total | 55,000,000 SCR | 100% |
Launchpool Details and Farming Period
The Scroll Launchpool will be open for two days. It starts on October 9, 2024, at 00:00 UTC and ends on October 10, 2024, at 23:59 UTC. Users can earn SCR by locking BNB and FDUSD in the pools.
After the Launchpool ends, you can trade SCR/USDT on Binance starting October 11, 2024, at 10:00 UTC. This is a big step for Scroll in the crypto world. $80 million has been invested in the project to help it grow.
How to Participate in Binance Launchpool
Joining the Binance Launchpool for Scroll (SCR) is easy. But, you need to know the rules and how to stake. Follow these steps to join and get SCR rewards.
Eligibility and Requirements
To join Binance Launchpool, check if you qualify. Some places like the US, Canada, and Japan can’t join. Also, you must verify your identity with Binance.
Locking BNB and FDUSD for SCR Rewards
After checking your eligibility, lock your BNB or FDUSD. You need at least 0.01 tokens. Remember, there are limits on how much you can lock each hour.
Claiming Rewards and Unlocking Funds
Getting your SCR rewards is easy. You can get them anytime during the event. You can also unlock your tokens anytime.
At the end of the event, any locked tokens and rewards go to your spot account. This way, you get all your SCR tokens.
Also, BNB locked in Binance’s products can earn SCR for you. This makes earning easy and convenient.
| Pool | Reward Token | Total Rewards | Hourly Hard Cap per User |
|---|---|---|---|
| BNB | SCR | 55,000,000 | 97,395 |
| FDUSD | SCR | 55,000,000 | 17,187 |
Conclusion
Scroll (SCR) is now the 60th project on Binance Launchpool. It has 55 million SCR tokens for farming rewards. It’s important to know the Binance Launchpool benefits and risks.
By joining Launchpool, you can earn new tokens like SCR. But, remember that prices can change a lot. Also, tokens might lose value after farming ends.
Binance Launchpool updates will keep coming in 2023 and 2024. It’s important to know about new token sales and rewards. This helps you earn more and lose less.
Creating a good Binance Launchpool investment strategy is key. Do your homework and think about risks. This way, you can join these token offerings wisely.
To do well in Binance Launchpool, use Binance Launchpool farming tips. Also, keep up with the latest Binance Launchpool trends. This helps you make smart choices.
Projects like Scroll (SCR) could grow a lot. With 190 million coins and a $285 million market cap at first, it might reach $5.26 per token. This could happen if more people use Scroll and its value goes up.