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Binance Pronounces Launch of Scroll (SCR) on Launchpool and Pre-Market




Peter Zhang
Oct 08, 2024 10:16

Binance unveils Scroll (SCR) as its sixtieth Launchpool venture, providing airdrops by means of BNB and FDUSD staking, with pre-market buying and selling beginning October 11, 2024.



Binance Announces Launch of Scroll (SCR) on Launchpool and Pre-Market

Scroll (SCR) Joins Binance Launchpool

Binance has launched Scroll (SCR) because the sixtieth venture on its Launchpool platform, in accordance with Binance. This initiative permits customers to lock their BNB and FDUSD tokens to earn SCR airdrops over a two-day farming interval beginning October 9, 2024.

Pre-Market Buying and selling Particulars

Pre-market buying and selling for SCR will start on October 11, 2024, at 10:00 UTC, that includes the SCR/USDT buying and selling pair. Binance has cautioned customers towards unauthorized pre-listing affords, labeling them as potential false promoting.

Launchpool Specifics

Scroll (SCR) has a most token provide of 1 billion, with 55 million SCR allotted to Launchpool rewards. The preliminary circulating provide on the time of Binance itemizing might be 190 million SCR, representing 19% of the entire provide.

Participation and Eligibility

Customers from particular areas might face restrictions in taking part within the Launchpool and pre-market actions. Notably, customers from the US, Japan, and a number of other different areas are excluded. Moreover, solely grasp and common consumer accounts can interact in pre-market buying and selling, excluding sub-accounts.

Farming and Rewards

In the course of the farming interval, customers can lock BNB and FDUSD to obtain SCR rewards. The annual share yield (APY) and whole pool stability might be up to date in real-time. Customers can declare rewards on to their spot accounts at any time.

Extra Issues

Binance has said that every one tokens locked in Launchpool will proceed to supply normal advantages similar to airdrops and VIP perks. Nevertheless, property used as collateral for Binance Loans should not eligible for Launchpool rewards. Binance reserves the correct to revoke rewards for any dishonest actions noticed throughout the Launchpool.

Picture supply: Shutterstock


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