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Cryptocurrency News Articles

Scroll Airdrop Claim Introduces Generous SCR Token Distribution to Reward Active Community Members

Oct 30, 2024 at 10:15 pm

Scroll's first airdrop introduces a significant distribution of SCR tokens to reward active community members, project developers, and contributors within the Scroll ecosystem.

Scroll Airdrop Claim Introduces Generous SCR Token Distribution to Reward Active Community Members

CoinChapter provides a comprehensive guide to Scroll's (SCR) airdrop claim, highlighting eligibility criteria, distribution details, and steps to engage with Scroll's mainnet and testnet for potential rewards.

Scroll Airdrop Claim: A Deep Dive into Eligibility, Distribution, and Engagement Strategies

As part of its airdrop, Scroll (SCR) has introduced Marks boosters through the Canvas initiative. Marks are crucial for airdrop eligibility, and the Canvas initiative aims to reward early engagement with Scroll's identity and community-building features. The airdrop claim allocates 6.977 million SCR tokens to ecosystem projects that contribute to the growth and adoption of the Scroll mainnet. Launched in October 2023, the mainnet has fostered a diverse ecosystem of projects building on Scroll.

Moreover, Scroll's airdrop claim also acknowledges broader technical contributions to the Ethereum ecosystem, emphasizing zero-knowledge research, open-source development, and support for public goods.

To claim the Scroll airdrop, a structured process has been set by Scroll, starting from Oct. 22, 2024. Participants have a 90-day period to claim their SCR tokens, with eligibility confirmed based on the Oct. 19, 2024 snapshot.

Here's a step-by-step guide to get started on Scroll's mainnet and earn Marks, potentially qualifying for rewards.

1. Add Scroll Network to MetaMask

Firstly, visit the Scroll mainnet page and add the Scroll network to your MetaMask wallet. If you need Ethereum (ETH) to interact with the network, you can purchase it directly on Binance using fiat or crypto funds.

2. Connect Wallet and Bridge Assets

Then, head over to Rhino.fi, connect your ETH wallet, and sign two messages. This process is gas-free. Scroll recommends Rhino.fi as a bridge to move assets onto the Scroll mainnet. You can bridge ETH, wstETH, USDT, or USDC from the Ethereum mainnet to Scroll to start earning Marks in the Scroll points program.

Additionally, you can also bridge weETH through Stargate to earn EtherFi points along with Scroll Marks. Scroll's native bridge or other third-party bridges are also options for earning Marks.

3. Use the Scroller NFT for Cost-Effective Bridging

To bridge assets from Ethereum mainnet to Scroll with lower fees, you can mint the Scroller NFT. This NFT allows you to deposit ETH on mainnet, which will automatically bridge to your Scroll wallet when gas prices are optimal, thanks to a custom AI model.

4. Collect Badges and Mint Canvas

Subsequently, you can mint Scroll Canvas to build your on-chain persona and collect badges. These badges contribute to your overall engagement on Scroll, and collecting them may also enhance your eligibility for future rewards.

5. Earn Marks with DeFi Protocols and Lending Markets

Participate in DeFi protocols like Ambient and NURI to provide liquidity and earn Marks. You can also deposit eligible assets in lending platforms like Aave and Rho Markets to accumulate even more Marks.

6. Boost Earnings with “Looping” Strategy

Scroll's Lore platform allows “looping,” where users can leverage their ETH by borrowing USDC against it and using the borrowed amount to buy more ETH, which can be deposited again. Notably, this process can be repeated up to 5 times, enabling you to maximize your Marks with higher leverage.

7. Participate in Scroll Sessions for More Marks

Users can continue earning Marks by participating in Scroll Sessions. Additionally, Marks were retroactively awarded to those who spent over $5 in gas fees on Scroll from Oct. 10, 2023, to April 29, 2024, 12 PM UTC.

8. Explore Scroll's dApps and Other Ecosystem Bridges

Try out the various dApps on the Scroll airdrop claim mainnet, such as Scroll Name Service, for potential airdrop eligibility. You can also bridge assets from Scroll to other ecosystems like zkSync, Base, Polygon zkEVM, Manta, Linea, and Optimism. Engaging with these ecosystems may open opportunities for future rewards.

9. Additional NFT Opportunities

Mint the Scroller NFT, which includes a smart contract wallet that bridges ETH to Scroll L2 at the optimal gas time. You can also explore other Scroll-native NFT collections like Varonve to expand your on-chain activity.

How to Engage with Scroll's Testnet

To start using Scroll's testnet and earn potential rewards, follow these steps:

1. Add Scroll Testnet to MetaMask

Visit the Scroll testnet page and add both Layer 1 and Layer 2 testnet networks to your MetaMask wallet.

2. Obtain Testnet Tokens

Go to the Sepolia faucet and request testnet tokens. These tokens are essential for making transactions on the Scroll testnet.

3. Bridge Tokens Between Networks

Once you

News source:coinchapter.com

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