Airdrop Farmers Scroll On Ethereum Layer-2 Token Launch

Airdrop Farmers Scroll On Ethereum Layer-2 Token Launch



Ethereum Layer-2 Network Scroll has just started. SCR token in the much-anticipated airdrop—but some obvious users are lamenting the incident.

The first airdrop of the project will be 5.5% SCR supply – 55 million out of 1 billion tokens – to previous users who have already contributed to the ecosystem; basis From the group to the blog post.

Of this figure, 40 million SCR is awarded to chain participants who earn 200 or more scroll marks or points using the Layer-2 scaling network. Another 1 percent was split equally among approved wallets, and another 0.5 percent was intended as a “bonus” for those who met select criteria, Scroll said in the announcement.

Some users aren't happy, though, and CryptoTwitter (pronounced X) has been flooded with memes and complaints about the supposed pittance they received.

Tokenmetrics

Anonymous Twitter and Ethereum user DYOR.eth said they dropped tokens and dropped the scroll altogether, calling it “one of the worst airdrops ever.” Twitter user Joshi, who has gained a large following of posts about upcoming airdrops, called it “the worst airdrop ever.” Other tweets mocked the expected price and claims of the Scroll Airdrop.

New projects are used Air drops To grow their community and attract users by rewarding early users and contributors with free tokens or coins.

But the practice of “climate farming” has become very common as some users try to maximize their rewards by using many different wallet addresses and/or by repeating certain actions and tasks to maximize their token units.

Some of those users and farmers involved in the project community have been complaining about receiving small amounts of crypto by plane. Telegram-based touch-to-find game Hamster Kombat had players These are very similar jams When the game began its much-anticipated airdrop in September, some described its modest bounty as akin to “Dust.”

The SCR token has since fallen in value following the airdrop: CoinGecko data shows that SCR has fallen by 16% since the airdrop, dropping its price to $1.17. This is common for newly launched tokens, which can be very volatile—especially weather receivers can cash out and traders can buy in the middle of the frenzy.

Scroll didn't respond right away. DecryptQuestions about the air drop.

Scroll is one of many Ethereum layer-2 networks. Such networks are used to improve the functionality of the chain by providing benefits such as cheaper and faster transactions while supporting the security of the core network.

Ethereum is the blockchain behind the second largest cryptocurrency. ETHBut the network can sometimes be difficult to use due to slow and expensive transactions. Layer-2 networks have exploded in popularity of late—so much so that some industry observers believe they are drawing value from ETH itself, despite other benefits.

Edited by Andrew Hayward

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