Scroll Founder Ye Zhang Defends Strategic Value of Binance Collaboration

In addressing the community's concerns, Ye Zhang, one of Scroll's founders, emphasized that the partnership with Binance is not solely for listing purposes.

Scroll, a zk-Rollups project, has announced a collaboration with Binance to launch its token, $SCR. While the partnership has sparked discussions within the community, Scroll's founder, Ye Zhang, has clarified the strategic importance of the collaboration.

According to Zhang, the partnership goes beyond listing purposes and is aimed at expanding the project and garnering broader market support. He specifically mentioned Binance's crucial entry and exit services for stablecoins, which are important for growth in emerging markets.

“When I visited Africa, I saw that everyone was using Binance — it has even stronger legitimacy for many locals than Ethereum,” Zhang stated.

To address community concerns regarding token distribution, Zhang clarified that the 5.5% of tokens allocated for the Binance launchpool comes from the ecosystem and growth budget, not from the community airdrop pool. Additionally, he mentioned that Scroll has reserved a substantial portion of tokens for community rewards.

Moreover, to prevent large investors from gaining unfair advantages during the pre-market phase, Scroll has implemented a purchase limit of 2,500 SCR per user. This measure aims to facilitate a wider distribution among potential holders.

“Much more is coming in the upcoming weeks,” Zhang added, highlighting the project's long-term community engagement and growth plans.

The collaboration between Scroll and Binance is designed to attract a broad investor base and provide essential infrastructure support. The measures taken in response to community concerns are intended to contribute to the long-term success of the project.

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