Scroll(SCR), a Leading zkRollup Solution, Will Be Initially Listed on CoinW Exchange

CoinW,
the
world’s
pioneering cryptocurrency
trading
platform,
will
initially
list
Scroll(SCR)
on
the
Layer2
Zone.
For
all
CoinW
users,
the
SCR/USDT
will
be
officially
available
for
trading
on
October
22nd
2024,
at
8:00
(UTC).
To
celebrate
the
listing
of
SCR,
we
are
launching
the
“
SCR
bounty
program:
Register
&
Trade
&
Retweet”
event
with
a
reward
pool
of
10,000
USDT.

Scroll’s
Innovative
Approach
to
Ethereum
Scaling

Launched
in
2023,
Scroll
has
rapidly
established
itself
as
a
key
player
in
Ethereum
scaling
solutions,
leveraging
zkEVM
architecture
to
achieve
seamless
EVM
compatibility.
In
2024,
Scroll
became
a
dominant
force
in
the
EAS-proof
rankings,
surpassing
other
leading
chains
like
Base,
Optimism,
Arbitrum,
and
Polygon.
Collaborating
with
the
Ethereum
Foundation’s
zk
team,
Scroll
employs
the
advanced
Halo2
proof
system
to
build
the
first
zkEVM
in
a
fully
open
environment,
complemented
by
its
proprietary
GPU
zkEVM
prover,
which
is
10
times
faster
than
traditional
CPU
provers.
Through
the
launch
of
ZK
hardware
accelerator,
PipeZK,
Scroll
is
further
pioneering
the
ZK
hardware
market.

SCR
Token:
Utility
and
Tokenomics

The
SCR
token
is
at
the
heart
of
Scroll’s
ecosystem,
serving
as
both
a
governance
and
utility
token.
From
the
first
day
of
listing,
SCR
holders
will
have
the
ability
to
participate
in
governance
decisions
related
to
Scroll’s
protocol
development.
Future
use
cases
include
staking,
gas-free
transactions,
and
coordinating
incentives
across
the
network.
With
a
total
supply
of
1
billion
SCR
tokens,
the
initial
circulating
supply
at
launch
will
be
190
million.
The
token
allocation
is
designed
to
ensure
long-term
growth,
with
a
focus
on
ecosystem
development,
investor
incentives,
and
community
participation
through
airdrops.

A
Strong
Ecosystem
Backed
by
Substantial
Funding

Scroll’s
ecosystem
has
seen
rapid
expansion,
with
a
DeFi
TVL
reaching
$1.15
billion
in
September
2024
and
a
stablecoin
market
cap
exceeding
$100
million—leading
the
ZK
chain
space.
Major
DeFi
projects
like
Pencil
Protocol,
Tokan
Exchange,
and
Rho
Markets
have
joined
Scroll’s
vibrant
ecosystem.
Supported
by
over
$80
million
in
funding
and
a
$1.8
billion
valuation,
Scroll’s
future
is
bright
as
users
gradually
transition
from
Optimistic
Rollups
to
zkRollups,
securing
its
position
as
a
major
Layer
2
hub.

10,000
USDT
Limited-Time
Offer
for
CoinW
Community

To
celebrate
the
listing,
10,000
USDT
equivalent
SCR
prize
pool
will
be
up
for
grabs
from
October
22nd,
2024,
at
5:00
to
October
29th,
2024,
at
16:00
(UTC).
By
participating
in
events
such
as
registration,
trading,
and
community
events,
CoinW
users
have
the
opportunity
to
share
in
a
prize
pool
of
10,000
USDT.
 To
claim
your
rewards,
please
click here. 

About
CoinW

CoinW is
a
pioneering
crypto
trading
platform
that
prioritizes
security,
transparency,
and
user-centric
principles.
With
advanced
technology,
deep
liquidity,
and
a
wide
range
of
supported
cryptocurrencies,
the
company
has
amassed
a
broad
user
base
to
become
one
of
the
world’s
most
secure crypto
exchanges.
Committed
to
security,
transparency,
and
compliance,
the
CoinW
exchange
upholds
the
highest
regulatory
standards
and
actively
contributes
to
the
advancement
of
the
crypto
industry.
To
learn
more
about
CoinW,
you
can
visit
the
official website,
and
follow
CoinW’s Twitter
Account, Btok,
and Telegram
Group.

About
SCR

Scroll is
one
of
several
Ethereum
scaling
networks
using
zk-rollups,
alongside
Polygon,
StarkWare,
and
Matter
Labs.
Scroll’s
three
core
values—community-driven,
security-first,
and
decentralization
at
all
levels—provide
its
competitive
edge.
With
fresh
funding,
Scroll
aims
to
continue
developing
its
products,
launch
its
mainnet,
and
expand
its
ecosystem.
Scroll
is
a
zkEVM-based
zkRollup
on
Ethereum,
enabling
native
compatibility
with
existing
Ethereum
applications
and
tools.