Turns out inventing a protocol that just pushes capital trivially around an ecosystem is not actually worth a crazy amount of money, especially when there are six dozen others who do the same thing. But some people can't learn through reason, they only learn through loss.
Sisyphus
7 deals that incinerated $1 billion of LP money:
ZRO: $120m at $3bn FDV in '22, now $2bn (-33%)
TIA: $100m at $3bn FDV in '24, now $1.6bn (-45%)
ZK: $200m at $2.4bn FDV in '22, now $1bn (-60%)
SCR: $50m at $1.8bn FDV in '23, now $250m (-75%)
W: $225m at $2.5bn FDV in '23, now $650m (-75%)
STRK: $100m at $8bn FDV in '22, now $1bn (-90%)
MATIC: $450m at $20bn FDV in '22, now $2bn (-90%)
Hyperliquid
30.98K
11
Caneleo🧐🔎
Remember last year? When these projects where supposed to be the bluechips that go to billions 💀
And everyone was hyped af for these 🤣
Good old times $zk $zro $scr $strk
29.15K
74
Scroll
Applications for the Scroll Delegate Accelerator close in just a few days!
Join us for an X Space where we'll break down:
‣ What the 7-week program will actually look like
‣ How to craft a strong application
‣ What we're looking for in future delegates
‣ Q&A about governance, mentorship, and incentives
7.48K
43
Scroll Ecosystem reposted
Scroll
A physicist who worked with nuclear reactors decided financial derivatives were more dangerous.
So he built a delta-neutral stablecoin instead.
@Iv4n_Ko from @ResolvLabs joins @razacodes to explain why crypto needs better risk assessment and how two-token models solve the scalability problem.
Timestamps:
00:00 - Introduction and background from nuclear physics to TradFi
02:40 - The birth of Resolve
03:42 - Delta-neutral backing mechanism explained
06:30 - Two-token model and protection layer mechanics
08:26 - Where does the yield come from?
13:27 - The problem Resolve is solving
16:14 - Industry infighting vs expanding the market
20:18 - Delta-neutral designs in the stablecoin landscape
26:01 - Transactional vs investment stablecoins
29:45 - Currency abstraction and UX
30:34 - Risk profiling gap in crypto vs TradFi
34:50 - Differences between CDP-backed
37:12 - What's next for USR?
39:46 - Market predictions
44:01 - Fundamental value vs speculation
6.43K
26
2Lambroz 🐑 (🧑🍳🥩🤌)
Fuxk me not sure should I be happy how much @ether_fi card gave me
or how much my village is costing me.
I didn't even buy anything for myself
Feed my village with my code here
2Lambroz 🐑 (🧑🍳🥩🤌)
Can I shill you to use my referral link on @ether_fi credit card
Why I am using it
• 3% cash back in $SCR token when you spend
• As you spend you get etherfi token too.
• 14% apr from their defi strategy while ur USD is there
• USDC to USD rate is cheap
It is actually good credit card with rewards to use
Feed my village with my code here
The current price of Scroll is ₺8.8827. Over the last 24 hours, Scroll has decreased by -2.36%. It currently has a circulating supply of 190,000,000 SCR and a maximum supply of 1,000,000,000 SCR, giving it a fully diluted market cap of ₺1.69B. At present, Scroll holds the 231 position in market cap rankings. The Scroll/TRY price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates ("OKX TR") are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
SCR is the native token of the Scroll protocol. SCR is used to decentralize governance, provers, and sequencer tasks within the network. The token launched during October 2024, and supports the Scroll protocol's goal of building scalable and secure Layer-2 (L2) infrastructure for the Ethereum network.
What is the Scroll protocol?
The Scroll protocol is an L2 scaling solution built to address two pressing challenges with the Ethereum network: congestion and high transaction fees. Scroll joins other L2 solutions working towards fixing this same challenge. Scroll uses zero-knowledge rollup technology to reduce latency and improve scalability for Ethereum with the goal of not compromising the network's security. Scroll also adopts a zkEVM — an L2 for the Ethereum Virtual Machine — to support developers that build on the network.
Scroll operates separately from the Ethereum mainet and manages transactions offchain, reducing the workload on the Ethereum base layer. Scroll bundles transactions together before submitting them to Ethereum, improving the efficiency of transaction processing while also reducing fees.
SCR price and tokenomics
The SCR token was launched via an airdrop on October 22, 2024, with a total supply of 1,000,000,000 SCR. Of this supply, 15% will be distributed via airdrops, with 7% of this portion being allocated during October 2024. According to the project, 35% of the total supply will go towards ecosystem and growth, including the Scroll DAO treasury, with 23% being distributed to Scroll ecosystem contributors. Meanwhile, 17% has been allocated to investors and 10% to the Scroll Foundation. Traders can expect Scroll prices to experience volatility upon the SCR token launch and soon after.
About the Scroll founders
Scroll was founded by Ye Zhang, Haichen Shen, and Sandy Peng. Zhang's previous experience included developments to zero-knowledge technology and multi-party computation, while Shen holds a computer science PhD and formerly worked at Google, Amazon, and Microsoft. Peng, meanwhile, was previously a partner at Fission Capital, an investor in leading blockchain projects, before co-founding Scroll.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 13K new posts about Scroll, driven by 11K contributors, and total online engagement reached 27M social interactions. The sentiment score for Scroll currently stands at 73%. Compared to all cryptocurrencies, post volume for Scroll currently ranks at 433. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Scroll.
Powered by LunarCrush
Posts
13,302
Contributors
10,569
Interactions
26,597,721
Sentiment
73%
Volume rank
#433
X
Posts
5,219
Interactions
2,518,021
Sentiment
73%
Scroll FAQ
How much is 1 Scroll worth today?
Currently, one Scroll is worth ₺8.8827. For answers and insight into Scroll's price action, you're in the right place. Explore the latest Scroll charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Scroll, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Scroll have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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