Scroll Token Airdrop Guide: Earn $2000 for Free

Zero-knowledge rollups (ZK-rollups) could be one of the strongest performing sectors in 2023, as demand for Ethereum scaling solutions is increasing. As such, Scroll is another highly anticipated ZK-rollup project that has recently hinted at a token airdrop. As the potential for ZK-rollups is massive this year, this is a good opportunity for you to make free money.

If you are interested in other trending ZK-rollup projects, zkSync and Sovereign Labs should definitely be on your watchlist for 2023.

Table of Contents

Open ByBit Account

Scroll Airdrop Step-by-step Guide

Here’s how to position yourself for a potential Scroll airdrop:

  1. Add Scroll Testnet to MetaMask
  2. Claim Faucet Tokens
  3. Bridge Testnet Tokens from L1 to L2
  4. Swap Testnet Tokens on Scroll L2
  5. Bridge from Scroll L2 to Goerli

See below for more details

What is Scroll?

Scroll is developing a ZK-rollup that is fully compatible with the Ethereum Virtual Machine (EVM). Their proving system supports the direct verification of an Ethereum block with a single, concise proof. This means much faster Ethereum transaction finality and less gas fees.

How Does Their ZK-Rollup Work?

The concept involves verifying the accuracy and completeness of each operation code in the EVM execution trace. As a result, layer-1 smart contracts can be easily transferred to Scroll. Instead of incorporating new ZK-specific features, they will take a different approach by supporting the native EVM with tailored optimizations. This gives them a significant advantage as they can work seamlessly with all existing Ethereum systems without the need for any modifications.

Layer-2 Proof Outsourcing

Scroll also aims to establish and standardize the outsourcing of layer-2 proofs, which streamlines rollup processes. They have created a strong outsourcing system that motivates rollers to produce zero-knowledge proofs for them. They will standardize this approach to accommodate a wider range of off-chain computations. This will create a new proof market.

Another benefit for developers is that they can deploy complex contracts on Scroll without worrying about gas limits. This opens up many new possibilities for off-chain applications with on-chain proofs.

Key Takeaway of Scroll’s Proof System

Based on the two points mentioned above, Scroll is a hierarchical zero-knowledge proof system. The first layer will be optimized for prover efficiency, utilizing custom circuit optimization and hardware-friendly proving algorithms. The second layer will be optimized for verifier efficiency, featuring succinct proofs and verification algorithms that are compatible with the Ethereum Virtual Machine (EVM).

This proof system has the potential to support larger programs than the EVM and offer additional features such as privacy, surpassing the capabilities of existing solutions.

Who is the Team behind Scroll?

Scroll is co-founded by Sandy Peng, Ye Zhang, and Haichen Shen. Peng has rich experience in business development, project strategy and data curation. On the other hand, Zhang and Shen are experts in computer science, open-source protocol engineering, and cryptography. Shen, in particular, previously worked for Amazon as a senior applied scientist on AI compilers.

In April 2022, Scroll successfully raised $30 million in a Series A funding round led by Polychain Capital and Bain Capital Crypto, with participation from Robot Ventures and Geometry DAO. As of now, their team has at least 20 people across the globe who are experts in zero-knowledge cryptography and distributed systems on blockchain technology.

Does Scroll have a Token?

Scroll does not have a token yet, but it is expected to be released around the mainnet launch in Q2 2023. According to their roadmap published on Discord, they mentioned that they are creating an incentive mechanism to encourage participation in the network. This strongly indicates that there will be a token coming soon, and airdrops will be rewarded for early users.

How to Receive Potential Scroll Token Airdrop?

Scroll’s pre-alpha testnet has launched recently, and it is important you interact with the testnet to be included for the airdrop snapshot. Here’s a step-by-step guide on how to position yourself for a potential airdrop:

  1. Add Scroll Testnet to MetaMask
  2. Claim Faucet Tokens
  3. Bridge Testnet Tokens from L1 to L2
  4. Swap Testnet Tokens on Scroll L2
  5. Bridge from Scroll L2 to Goerli

Add Scroll Testnet to MetaMask

Go to scroll.io/prealpha and connect your MetaMask wallet to add both Layer 1 and Layer 2 testnets and tokens.

Claim Faucet Tokens

After adding Scroll to your RPC in MetaMask, you will need testnet tokens to interact with their protocol. Go to scroll.io/prealpha/faucet and sign in with your Twitter to request for testnet tokens. To prevent faucet bot abuse, your Twitter account must be older than 1 month, have at least 1 Tweet and 30 followers.

Once approved, you will receive 1 TSETH and 100 TSUSDC in your L1 wallet. In some cases, it might take longer for them to appear, but you can check the status by looking for the transaction ID to your address on the L1 Block Explorer.

Bridge Testnet Tokens from L1 to L2

After receiving testnet tokens, you can bridge those tokens from from Scroll L1 to L2 on scroll.io/prealpha/bridge. It is important to note that bridging tokens is usually the first criteria for airdrop eligibility.

The bridge also supports deposit and withdraw functions. But for the purpose of the airdrop, you can simply deposit from L1 to L2 and withdraw from L2 back to L1.

Swap Testnet Tokens on Scroll L2

In this step, you can now play around with Scroll L2. Here you go to scroll.io/prealpha/swap, but you will need to switch your network to Scroll L2 Testnet on MetaMask. You can swap your TSETH tokens to TAUDC or TSWETH, and also add liquidity to the pool.

Bridge from Scroll L2 to Goerli

You can also bridge your testnet tokens from Scroll L2 to Goerli on rinkeby.orbiter.finance or vice versa. Orbiter Finance is a cross-rollup L2 bridge that allows different Ethereum L2 blockchains to communicate with each other. It supports the likes of Polygon, BNB Chain, zkSync, Arbitrum, Immutable X and more.

Airdrop Review

When reviewing an airdrop, there are several factors to consider. First, the likelihood the project will even do an airdrop in the first place. Then, to look at how many tokens the project intends to allocate towards airdrop campaigns, as well as the difficulty in participating in their airdrop. It is also important to look at the utility of the token so that there will be an actual use and purpose in participating in the airdrop in the first place. Finally, a factor to consider when reviewing an airdrop is whether the airdropped tokens are subject to any lockup period.

Likelihood of Airdrop: Scroll has hinted they will create an “incentive network” to encourage participation on Scroll.

Airdropped Token Allocation: Scroll has not given any information on its token yet.

Airdrop Difficulty: Scroll has not yet released details about its airdrop. However, they are currently in the pre-alpha stage so it might be worthwhile to interact with the testnet to be eligible for any potential airdrop.

Token Utility: Scroll has not given any information on its token yet.

Token Lockup: Scroll has not given any information on its token yet.

REVIEW OVERVIEW
Token Allocation
Airdropped Token Allocation
Airdrop Difficulty
Token Utility
Token Lockup
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Ronal is a Senior China Blockchain Correspondant who has been covering the Chinese blockchain industry since its inception. He has written extensively on the subject, and his work has been featured in some of the world’s leading publications. Ronal is an expert on the Chinese blockchain market and has a deep understanding of the technology and its potential applications.
scroll-token-airdropThis is a relatively easy airdrop to score with high potential in the project. Definitely worth the effort to play around with the testnet

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