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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/scroll-addresses-community-concerns-regarding-binance-partnership/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Scroll Addresses Community Concerns Regarding Binance Partnership</a> 
Scroll faces increasing backlash from community members due to its recent partnership with <a href="https://en.coin-turk.com/binance-launches-perpetual-contracts-for-two-altcoins/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a>. Critics argue that the focus on supporting major exchanges has overshadowed the need to adequately reward community members. In response, Scroll management has taken steps to clarify and defend its position on these concerns.
<h2 id="ye-zhang-defends-strategic-value-of-the-binance-collaboration">Ye Zhang Defends Strategic Value of the Binance Collaboration</h2>
In response to community concerns, Ye Zhang, one of Scroll’s founders, emphasized that the partnership with Binance is not solely for listing purposes. Instead, he asserted it is a strategic move aimed at growing the project and garnering broader market support.
Zhang highlighted the essential role of Binance in providing critical entry and exit services for stablecoins, particularly in emerging markets. He noted that in certain regions, Binance enjoys greater reliability and usage compared to Ethereum :
<blockquote>
 “When I visited Africa, I saw everyone using Binance – it has even more legitimacy for many locals than Ethereum.”
</blockquote>
<h2 id="addressing-community-concerns-about-token-distribution">Addressing Community Concerns About Token Distribution</h2>
Zhang also clarified that the 5.5% of tokens allocated for the Binance launchpool comes from the ecosystem and growth budget, not from the community airdrop pool. He further mentioned that Scroll reserves a significant portion of tokens for community rewards.
To prevent unfair advantages for large investors, Scroll has introduced a purchase limit of 2,500 SCR per user during the pre-market phase. This aims to facilitate a broader distribution among potential holders. Zhang reaffirmed his commitment to long-term community engagement and growth:
<blockquote>
 “Much more is coming in the following weeks.”
</blockquote>
Scroll management indicates that the partnership with Binance is designed to adapt to current market conditions and strengthen the project’s competitive position. The <a href="https://en.coin-turk.com/dogecoin-co-creator-shares-insights-on-meme-coin-investments/" data-wpel-link="internal" rel="noopener noreferrer nofollow">token</a> distribution strategies are said to support the growth of a healthy and decentralized ecosystem.
Through its partnership with Binance, Scroll aims to establish a diverse investor base and provide significant infrastructure support. The measures taken to address community concerns are intended to bolster the project’s long-term success.
The post <a href="https://en.coin-turk.com/scroll-addresses-community-concerns-regarding-binance-partnership/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Scroll Addresses Community Concerns Regarding Binance Partnership</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Scroll Addresses Community Concerns Regarding Binance Partnership

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