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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/scroll-responds-to-community-concerns-about-binance-partnership/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Scroll Responds to Community Concerns About Binance Partnership</a> 
Scroll faces increasing criticism from community members following its recent partnership announcement with <a href="https://en.coin-turk.com/binance-announces-important-update-on-mica-regulations/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a>. The backlash stems from perceptions that major exchanges are being prioritized while community members are insufficiently rewarded. In response, Scroll’s management is taking steps to clarify and defend its position.
<h2 id="scroll-founder-ye-zhang-defends-strategic-value-of-binance-collaboration">Scroll Founder Ye Zhang Defends Strategic Value of 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 but is a strategic move aimed at expanding the project and offering broader market support.
Zhang highlighted that Binance’s critical entry and exit services for stablecoins are essential for expansion in developing markets. He noted that in regions like Africa, Binance holds more credibility and is used more widely than Ethereum :
<blockquote>
 “When I visited Africa, I saw that everyone was using Binance – it has a stronger legitimacy for many locals than even Ethereum.”
</blockquote>
<h2 id="addressing-community-concerns-over-token-distribution">Addressing Community Concerns Over Token Distribution</h2>
Zhang also clarified that the 5.5% of tokens allocated for Binance’s launchpool comes from the ecosystem and growth budget, not from the community airdrop pool. Furthermore, he stated that Scroll reserves a significant portion of tokens for community rewards.
To prevent unfair advantages for large investors, Scroll has introduced a limit of 2,500 SCR per user during the pre-market phase. This move aims to promote a wider distribution among potential holders. Zhang reiterated his commitment to long-term community engagement and growth:
<blockquote>
 “Much more is coming in the coming weeks.”
</blockquote>
Scroll’s management asserts that the partnership with Binance is aimed at adapting to current market conditions and strengthening the project’s competitive position. It has been stated that <a href="https://en.coin-turk.com/investors-focus-on-fed-news-for-bitcoin-and-bonk-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">token</a> distribution strategies will support the growth of a healthy and decentralized ecosystem.
The collaboration with Binance aims to attract a broad base of investors and provide significant infrastructure support for the project. Measures taken to address community concerns seek to bolster the project’s long-term success.
The post <a href="https://en.coin-turk.com/scroll-responds-to-community-concerns-about-binance-partnership/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Scroll Responds to Community Concerns About 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 Responds to Community Concerns About Binance Partnership

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