Vitalik's favourite Layer 2 project just launched a points program.
We all know that Points = Airdrops.
Discover Scroll and how you can qualify for its potential airdrop. 🧵 📜
Scroll is an Ethereum Layer 2 scaling solution built using zero knowledge proof technology and EVM compatibility.
Mainnet was launched in October 2023 and the project has fostered a strong community and even Vitalik himself is bullish on the project.
All other L2s have airdropped a native token to facilitate decentralisation (e.g. Arbitrum, Optimism, Starknet, Manta).
I expect Scroll to follow suit later this year. Let's analyse @Scroll_ZKP through my airdrop framework for farming potential and how you can participate.
Over the past few years, Scroll has raised over $80m in funding. This is through two significant rounds:
$30m in April 2022
$50m in March 2023
It has also attracted some big investors such as Polychain Capital, IOSG, Variant, Bain Capital Crypto and HongShan.
Last week, on the 17th April, @Scroll_ZKP announced the start of their loyalty program called Scroll sessions. The first instalment is called Session Zero.
Here's how you can earn Marks:
Bridge $ETH or $wstETH via the native bridge
Bridge $STONE using LayerZero to Scroll
Another important point is that Scroll will allocate Marks retroactively to members who have deployed assets on Scroll since October 10th 2023.
Follow the airdrop playbook- Interact regularly, built up transactions and use lot's of apps. Excellent guide by @CC2Ventures ↓
https://twitter.com/CC2Ventures/status/1773076103067754941
The TVL on Scroll is currently at $62m. A strong uptrend since mainnet launched in Oct 2023.
It also has a total of $203m in bridged TVL and a strong uptick in volume recently. All good signs.
According to L2Beat, Scroll is currently the 5th largest ZK Rollup.
All airdrops are getting diluted due to increased interest and large scale commoditised farming.
However, I think Scroll is being slept on. It's only the 14th largest L2 by TVL and there's still plenty of time before its expected airdrop later in the year.
I am pretty impressed by @Scroll_ZKP . They seem to listen to their community, have some seriously impressive tech and are growing at a rapid rate.
When comparing against other ZK Rollups, it has 3rd highest TPS and also showing strong momentum with 14.5% growth in transactions.
This is an airdrop that will take some effort to farm. Like other transaction based airdrops, volume counts, and the more you interact and create a footprint on Scroll, the larger your airdrop will likely be.
h/t to @CC2Ventures for their excellent and in-depth airdrop guide.
Overall, Scroll earns a score of 7.00 on my airdrop assessment tool. Putting it in 7th position overall (tied). There are several factors making me bullish:
Vitalik posted about it
Good tech + good community
Points announced
Note: This is NOT a sponsored post for Scroll.
Some resources:
Jake Pahor Airdrop List- Google sheets