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What is Scroll and How to Get Airdrop?
05/12/2023

What is Scroll and How to Get Airdrop?

05/12/2023
4,3

Scroll is a native solution for scaling zkEVM on the second layer of Ethereum's general-purpose. Read an in-depth guide on what project Scroll is all about, and how you can get an airdrop.

With Scroll, users can perform complex computations and store data in a secure and decentralized manner. In addition, Scroll provides developers with the ability to build decentralized applications that can handle large volumes of data and complex transactions. By using Scroll, users can benefit from the advantages of blockchain technology without having to worry about slow transaction times or high fees. Furthermore, Scroll ensures the security of all transactions and data stored on the blockchain, making it a reliable and trustworthy solution for businesses and individuals alike.

The goal of Scroll is to scale the existing EVM with cheaper and faster transactions.

The project has already raised over 80 million dollars in investments.

Does Scroll have a Token?

No, the project does not have its own token. Nevertheless, it represents a compelling technology that can catch the attention of potential investors. It is also noteworthy that the mainnet is scheduled to launch in 2023, this year.

How to Receive Potential Scroll Airdrop?

Disclaimer. Not financial advice. Do your own research. Following these steps doesn't guarantee you an airdrop. Don't risk funds you can't afford to lose.

It is not specified in the project's Discord and official resources whether an airdrop will be conducted in the near future. However, we can assume that early users who actively use the network and interact with the Scroll ecosystem may expect a retrodrop.

To learn the basic functions of the network and interact with the Scroll ecosystem, here are a few simple steps that you can take right now:

1. Add the network to your Metamask wallet

Source and Copyright © Scroll

2. Get test Goerli coins from the faucet.

Source and Copyright © Goerli Faucet

3. Use the Scroll bridge:

After you have received your Goerli ETH, please proceed to http://scroll.io/alpha/bridge and initiate the transfer of 0.01 ETH from Goerli Testnet to Scroll Alpha Testnet.

Source and Copyright © Scroll

To ensure that the transfer process goes smoothly, kindly take note of the following:

  • Your wallet should be connected to the Goerli Testnet.
  • Click on the arrow to ensure that the direction of the transfer is from the Goerli Testnet to Scroll Alpha Testnet (and not the other way around).

4. Confirm the transaction in your wallet.

Done. The transfer should be processed within 10 minutes.

Source and Copyright © Scroll

5. Bridge Scroll testnet to Goerli ETH.

6. Repeat step 4.

7. Join the Scroll Guild.

To join the Scroll Guild and receive a mystery role, users must navigate to https://guild.xyz/scrollzkp and connect their wallet, Discord, and Twitter account. Note that users must have created their Twitter account before October 1st, 2022, to qualify. However, there are other Scroll applications available for those who do not meet this criteria.

Source and Copyright © Guild

8. The only application currently deployed on the Scroll Alpha testnet is UniSwap V3.

To interact with Uniswap, go to the given URL and connect your wallet. Make sure that you are connected to the Scroll Alpha Testnet and not other networks. 

After following the earlier steps to obtain ETH for use on the Scroll Alpha Testnet, wrap your ETH to WETH by selecting Wrapped Ether (WETH) and entering 0.0001 in the ETH row. The corresponding amount of WETH will be generated automatically, and you can click on 'Wrap'. To unwrap the tokens, click on the arrow to change the order of ETH and WETH, enter 0.0001 in the WETH row, and click on 'Unwrap'.

Source and Copyright © Uniswap

9. To obtain USDC on the Scroll testnet, click 'Select token' in the swap interface.

10. Enter '0xA0D71B9877f44C744546D649147E3F1e70a93760' into the search panel, and click on 'USD Coin'.

Ignore the warning that appears when adding the USDC token. 

11. Swap 0.001 ETH for USDC, but note that the amount of USDC received may differ from what is shown below.

12. To add liquidity to the ETH-USDC pool on Scroll, go to the https://uniswap-v3.scroll.io/#/pool and click on 'New Position'. 

13. Next, under 'Select Pair', type 'USDC' and select the token that appears.

You can then select any fee tier, with 0.3% being the default. Adjust the price range under 'Set Price Range' until you see 'Preview'. You can adjust the price range by clicking '-' for 'Min Price' and '+' for 'Max Price'.

14. After adjusting the range, enter the amount of ETH you want to add, but make sure not to deposit all of your Goerli ETH.

Finally, click on 'Preview', sign the transaction from your wallet, and you're done.

Scroll Ecosystem

The Scroll ecosystem consists of several components, including the Scroll Network, Scroll Chain, and Scroll SDK. The Scroll Network is a decentralized network that enables the execution of complex computations and storage of data in a secure and efficient manner. The Scroll Chain is a scalable and customizable blockchain that is built on top of Ethereum's general-purpose. Finally, the Scroll SDK provides developers with the tools and resources they need to build decentralized applications on the Scroll Network and Scroll Chain.

At the time of writing this article, the Scroll ecosystem consisted of 82 projects spanning across various categories. These categories include DeFi, Infrastructure, Gaming, NFT, Tooling, Social, Community, Wallet, and many others.

The presence of such a diverse range of projects within the Scroll ecosystem showcases the potential for growth and development within the platform. These projects offer different use cases and applications, making Scroll a versatile solution for businesses and individuals alike.

For instance, DeFi projects within the Scroll ecosystem can leverage the platform's scalability to offer faster and cheaper transactions to their users. Gaming projects can benefit from Scroll's ability to handle complex computations and large volumes of data to create more immersive and seamless gaming experiences. NFT projects can use Scroll to securely store and manage their digital assets on the blockchain. Tooling projects can use Scroll's SDK to build decentralized applications that can handle various tasks efficiently.

Overall, the presence of multiple projects within the Scroll ecosystem highlights the vast potential of the platform, and its ability to cater to a wide range of use cases across different industries. As Scroll continues to develop and expand, we can expect to see an even more diverse range of projects being developed within the ecosystem.

Who is the Team behind Scroll

According to boxmining.com, Scroll's co-founders Sandy Peng, Ye Zhang, and Haichen Shen have impressive backgrounds that have uniquely positioned them to lead the Scroll team. Sandy Peng has extensive experience in business development, project strategy, and data curation, which will be invaluable in ensuring the long-term success of the project. Meanwhile, Ye Zhang and Haichen Shen are computer science experts and open-source protocol specialists, who have made significant contributions to Scroll's development, ensuring that the project is built on a solid foundation.

Additionally, the Scroll team has grown to a sizeable 39 members since its inception, as seen on the project page on LinkedIn. These professionals come from diverse backgrounds and bring with them a wealth of experience in various fields such as blockchain development, marketing, and communications. The team's size and expertise further demonstrate the project's potential for growth and development in the coming years.

Potential Use Cases

The elastic Ethereum structure provides endless possibilities for creating advanced DApps. Scroll, in turn, is a native solution for scaling zkEVM on the second layer of the Ethereum network. This revolutionary technology allows for faster and more efficient transactions on the blockchain. With Scroll, users can perform complex computations and store data in a secure and decentralized manner. Additionally, Scroll provides developers with the ability to create decentralized applications that can handle large amounts of data and complex transactions. By using Scroll, users can reap the benefits of blockchain technology without worrying about slow transaction times or high fees. Moreover, Scroll ensures the security of all transactions and data stored on the blockchain, making it a reliable and trustworthy solution for businesses and individuals.

Scroll can be used in various industries, including finance, healthcare, logistics, and supply chain management, to name a few. For example, with Scroll, financial institutions can process transactions faster and more efficiently while maintaining the security of their data. In healthcare, Scroll can be used for secure storage and exchange of patient data between medical institutions, improving the quality of medical care. Finally, in logistics and supply chain management, Scroll can be used to track goods and shipments in real-time, reducing the risk of fraud and errors.

Therefore, all kinds of existing and new corporate applications can benefit from being built on Scroll as it can provide scalability and mass adoption.

Bottom Line

Finally, it should be noted that participation in Scroll Testnet does not require users to take a lot of actions, but it is an important step in the development of the cryptocurrency community. Thanks to Scroll Testnet, users can test not only applications such as UniSwap V3, but also improve their knowledge of cryptocurrencies and blockchain in general.

In addition, participation in Scroll Testnet may give users the opportunity to receive the right to participate in the upcoming Scroll ZKP retrodrop. This means that those who show activity and interest in Scroll Testnet can receive additional benefits in the future.

Overall, Scroll is a promising technology that can attract the attention of potential investors. With the launch of the mainnet this year, we can expect growth and development of the project in the coming years.

That concludes this article! Keep in mind that engaging with the protocols mentioned could potentially give you a chance to receive an airdrop, although this has not yet been confirmed by the Scroll team. Regardless, it would be worthwhile to explore some of the applications being built on a soon-to-be-released Layer 2 and see what the protocol has in store.

F.A.Q.

Will there be an airdrop?

It has not been confirmed by the Scroll team whether there will be an airdrop in the near future. However, early users who actively use the network and interact with the Scroll ecosystem may expect a retrodrop.

When will the Scroll launch on mainnet?

According to the project website, the Scroll mainnet is scheduled to launch in Q4 of 2023. However, as with any project of this nature, delays are always possible, so it is best to keep an eye on official announcements for any changes to the launch schedule.

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The materials found on the Cryptonica website shall not be taken as individual investment recommendations. The financial instruments or operations mentioned therein may not align with your investment profile or objectives. We assume no responsibility for any missing facts or inaccurate information in the texts. Cryptocurrencies are financial assets with high risk and volatility. Therefore, it is crucial that you conduct your own research on financial instruments and make independent decisions. Before engaging in any actions related to cryptocurrency, you shall study, understand, and comply with the laws applicable in your region and country.

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