Farmers were shocked when Scroll Airdrops were distributed.
Scroll has saved 15% for future airdrops, however that isn't enough as indicated by airdrop ranchers.
Airdrop farmers have voiced their dissatisfaction with Scroll's decision to give the Binance Launchpool 5.5% of the supply.
Airdrops have been allocated 15% of the total, with 7% going out on October 22.
Shortly after being listed, the asset prices of a number of tokens that were made available on the Binance Launchpool experienced significant declines.
Airdrop ranchers are quite agitated over the arrival of layer-2 organization Parchment's (SCR) airdrop portion this week, with 7% being saved for early adopters while concentrated trade Binance will get 5.5% for its Launchpool clients.
Parchment's proposed SCR token will be utilized for administration purposes with plans to advance it towards being a convention utility token as Parchment turns out to be more decentralized.
All out supply for SCR will be 1 billion tokens, 15% of which has been designated to future airdrops, including 7% that will be disseminated on Oct. 22; 17% will go to financial backers, while the Parchment Establishment will get 10%.
The 5.5 percent allotted to the Binance Launchpool is the source of the frustration. By "staking" more of Binance's BNB token to the launchpool, Binance users can increase their allocation, tilting the distribution in favor of larger holders.
"As if it were 2022, are you still fighting for airdrops? Time to confront reality; Scroll's 7% for two years of work and 5% for Binance Launchpool farmers in days demonstrate how we are being milked and why venture capitalists are preferred. The meta of airdrop has changed! Axel Bitblaze, an X user, wrote.
"Binance is more than just a listing, it's the best channel to reach global distribution, it will open the on-ramp and off-ramp channels and help us grow to the next stage, especially in emerging markets," said sandyzkp on X, one of Scroll's core contributors.
It's also important to note that the trading performance of a number of the tokens that were launched on the Binance Launchpool started off poorly. Arkham's ARKM dropped from 90 cents at launch to 30 cents, and Portal's PORTAL dropped from $3.60 to $2.08 three days after it was released. Additionally, Ether.fi (ETHFI) started out at $4.13 and has since fallen to $1.44.
Scroll has saved 15% for future airdrops, however that isn't enough as indicated by airdrop ranchers.
Airdrop farmers have voiced their dissatisfaction with Scroll's decision to give the Binance Launchpool 5.5% of the supply.
Airdrops have been allocated 15% of the total, with 7% going out on October 22.
Shortly after being listed, the asset prices of a number of tokens that were made available on the Binance Launchpool experienced significant declines.
Airdrop ranchers are quite agitated over the arrival of layer-2 organization Parchment's (SCR) airdrop portion this week, with 7% being saved for early adopters while concentrated trade Binance will get 5.5% for its Launchpool clients.
Parchment's proposed SCR token will be utilized for administration purposes with plans to advance it towards being a convention utility token as Parchment turns out to be more decentralized.
All out supply for SCR will be 1 billion tokens, 15% of which has been designated to future airdrops, including 7% that will be disseminated on Oct. 22; 17% will go to financial backers, while the Parchment Establishment will get 10%.
The 5.5 percent allotted to the Binance Launchpool is the source of the frustration. By "staking" more of Binance's BNB token to the launchpool, Binance users can increase their allocation, tilting the distribution in favor of larger holders.
"As if it were 2022, are you still fighting for airdrops? Time to confront reality; Scroll's 7% for two years of work and 5% for Binance Launchpool farmers in days demonstrate how we are being milked and why venture capitalists are preferred. The meta of airdrop has changed! Axel Bitblaze, an X user, wrote.
"Binance is more than just a listing, it's the best channel to reach global distribution, it will open the on-ramp and off-ramp channels and help us grow to the next stage, especially in emerging markets," said sandyzkp on X, one of Scroll's core contributors.
It's also important to note that the trading performance of a number of the tokens that were launched on the Binance Launchpool started off poorly. Arkham's ARKM dropped from 90 cents at launch to 30 cents, and Portal's PORTAL dropped from $3.60 to $2.08 three days after it was released. Additionally, Ether.fi (ETHFI) started out at $4.13 and has since fallen to $1.44.