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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/scroll-defends-its-partnership-with-binance-and-addresses-community-concerns-3/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Scroll Defends its Partnership with Binance and Addresses Community Concerns</a> 
Recently, Scroll faced increasing criticism from community members due to its partnership with <a href="https://en.coin-turk.com/turkey-implements-new-crypto-law-affecting-investors-and-exchanges/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Binance</a>. The concerns primarily stem from the perception that major exchanges are being favored while community members are not adequately rewarded. In response, Scroll management took steps to clarify and defend its position on this issue.
<h2 id="scroll-founder-ye-zhang-defends-the-strategic-value-of-the-binance-partnership">Scroll Founder Ye Zhang Defends the Strategic Value of the Binance Partnership</h2>
In addressing community worries, Ye Zhang, one of Scroll’s founders, emphasized that the partnership with Binance is not solely for listing purposes. He stated that it represents a strategic move aimed at expanding the project and securing broader market support.
Zhang highlighted the critical role of Binance in providing essential entry and exit services for stablecoins, which are vital for expansion in developing markets. He noted that in these regions, Binance holds greater credibility and is more commonly used than Ethereum :
<blockquote>
 “When I visited Africa, I saw that everyone was using Binance – it has even stronger legitimacy for many locals than Ethereum.”
</blockquote>
<h2 id="response-to-community-concerns-on-token-distribution">Response to Community Concerns on Token Distribution</h2>
Zhang also clarified that the 5.5% of tokens allocated for the Binance launchpool came from the ecosystem and growth budget, not from the community airdrop pool. He assured that Scroll reserves a significant portion of tokens for community rewards.
To avoid unfair advantages for large investors, Scroll implemented a purchase limit of 2,500 SCR per user during the pre-market phase. This measure aims to facilitate a broader 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 management stated that the partnership with Binance was initiated to adapt to current market conditions and strengthen the project’s competitive position. They expressed that the <a href="https://en.coin-turk.com/they-recorded-ath-with-binance-listing-2-latest-situation-in-altcoins/" data-wpel-link="internal" rel="noopener noreferrer nofollow">token</a> distribution strategies would foster a healthy and decentralized ecosystem.
The partnership between Scroll and Binance aims to attract a wide investor base and provide essential infrastructure support. Measures taken to address community concerns are intended to support the project’s long-term success.
The post <a href="https://en.coin-turk.com/scroll-defends-its-partnership-with-binance-and-addresses-community-concerns-3/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Scroll Defends its Partnership with Binance and Addresses Community Concerns</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Scroll Defends its Partnership with Binance and Addresses Community Concerns

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