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Scroll's Governance Token Launch Falls Short of Expectations Due to Token Allocation Issues

Scroll's Governance Token Launch Falls Short of Expectations Due to Token Allocation Issues

CointimeCointime2024/10/23 15:30
By:Cointime

Scroll's SCR token has experienced a 32% drop in just over 24 hours since its launch. The network's total value locked has also decreased by 24% in the past week, as investors express frustration over token supply. The top 10 airdrop recipients received 11.7% of the total drop. However, the launch of layer-2 network Scroll's governance token has failed to meet expectations due to token allocation issues, despite more than a year of anticipation.

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