Token airdrops are increasingly used by blockchain projects as a method to disperse tokens, thereby enhancing community engagement and raising awareness. Scroll, in particular, has garnered interest from the crypto community for its groundbreaking Layer-2 scaling solution for Ethereum. In this blog, we’ll delve into the concept of a Scroll airdrop, its mechanics, and crucially, the steps you can take to be eligible for this rewarding chance to earn tokens.
(Know “What is Scroll?” Before Reading: https://blog.xy.finance/what-is-l2-scroll-get-to-know-everything-you-need/)
Scroll Airdrop Step-by-Step Guide
Here’s a list of tasks you can do to increase your chances to get Scroll Airdrop:
1. Setup a MetaMask wallet and fund it with some ETH
2. Bridge ETH mainnet funds using the Scroll bridge
3. Bridge assets to Scroll via XY Finance
4. Get Scroll Name Service
5. Provide liquidity on SkyDrome Finance
6. Place a trade on 10KDex
7. Deposit in LayerBank Lending Pool
Understanding Scroll Airdrop
A Scroll airdrop refers to a promotional campaign organized by the Scroll team, aimed at distributing potential Scroll tokens as rewards. These tokens are usually allocated to select groups, including current Scroll users who have engaged with the platform, members of the Scroll community, or individuals involved in various events or activities related to Scroll.
Is Scroll Airdrop Confirmed?
It’s crucial to understand that the possibility of this airdrop occurring is not yet confirmed, and there is a likelihood that it may not take place.
So far, the official Scroll team has not explicitly stated whether they will conduct a token airdrop. According to Scroll’s founder Ye Zhang’s X, she once mentioned that Blast’s (a Layer-2 launched by Pacman’s team) overt airdropping behavior “doesn’t really help drive any real growth and long-term network effect.”
Thus, it can be inferred that even if Scroll plans to carry out an airdrop in the future, they might not heavily pre-announce it to the community. However, this does not affect airdrop hunters from preparing for a potential airdrop!
Anyone can build a smart contract that airdrops tokens to those who deposit stETH/wstETH into it, the real difference is that BLAST is backed by famous VCs and influencers.— Ye Zhang 📜 (@yezhang1998) November 23, 2023
One reminder to those who is backing up this:
Everything you do is cashing out your reputation.
What makes Scroll special?
Before exploring the criteria for the airdrop eligibility, it is crucial to understand the reasons behind Scroll’s notable prominence in the blockchain community.
Scroll, an Layer 2 scaling solution, offering EVM-compatible infrastructure to augment Ethereum’s capacity and performance. It utilizes zk-proof technology to ensure secure and efficient transaction validation, enhancing privacy and reducing computational load.
Scroll stands out among other zkEVMs for its exceptional focus on developer experience, offering the highest level of compatibility in the zkEVM space to ensure ease of use and seamless integration.
This aspect renders it a desirable option for users seeking transactions that are quick, cost-effective, and eco-friendly.
How to Receive Scroll Airdrop?
As there are no defined methods or approaches to initiate airdrops, the same applies to Scroll airdrops.
Consequently, users frequently rely on their experiences with past arbitrum and OP mainnet airdrops to develop potential strategies. We have put together five methods that users might use to improve their likelihood of being eligible for the Scroll airdrop
- Active Scroll Users:
Existing users of Scroll who have been actively utilizing the platform for transactions or other activities may be rewarded with tokens in recognition of their ongoing support.
- Community Engagement:
Engaging with the Scroll community through social media, forums, and other platforms can enhance your chances of qualifying for the airdrop. Liking, sharing, commenting on official Scroll posts, and contributing positively to discussions can make you stand out.
- Referral Programs:
Scroll might introduce referral programs, encouraging users to invite others to join the ecosystem. By referring new users who fulfill certain requirements, you may earn additional rewards.
- Holding Certain Tokens:
Depending on the airdrop rules, holding specific tokens may be a criterion for eligibility. This could include Scroll’s native token or other relevant tokens associated with the project.
- Participating in Events:
Scroll might organize events or contests where users can participate and showcase their knowledge, creativity, or skills related to Scroll. Active participation can be a key factor in qualifying for the airdrop.
Gitcoin is a platform for coders and developers to earn by working on open-source software. Besides contributing to the crypto ecosystem through project donations, participating in Gitcoin donations for Scroll projects could serve as an alternative method to receive potential airdrop.
Possible Scroll Token Airdrop Guide
Participating in these activities not only increases your engagement within the Scroll ecosystem, but also may place you in a favorable position to qualify for the Scroll airdrop. Keep in mind that the exact details or criteria for the airdrop could change, so staying informed with the latest official updates from Scroll is advised to optimize your chances.
1. Setup a MetaMask wallet and fund it with some ETH
Fund your wallet with some Ethereum (ETH), the native cryptocurrency of the Ethereum network. This ETH will be essential for participating in various activities to potentially qualify for the Scroll airdrop.
Utilize the Scroll bridge to transfer your ETH from the Ethereum mainnet to the Scroll network. By bridging your funds, you become an active participant in the Scroll ecosystem, positioning yourself for potential airdrop eligibility.
XY Finance provides a bridge allowing users to transfer their assets from the Ethereum mainnet to Scroll. This action is essential to make sure your funds are available on the Layer-2 network, which may align with the criteria for qualifying for the Scroll airdrop.
(Fully understand XY Finance: What is XY Finance? The cheapest cross-chain bridge aggregator that operates on 20 EVM chains)
Acquiring a Scroll name could play a role in enhancing your Scroll airdrop eligibility. This name service might involve registering a unique identifier on the Scroll network, adding another layer to your participation in the ecosystem.
By providing liquidity to various tokens on SkyDrome, you contribute to the ecosystem’s liquidity pool. Increased liquidity can positively impact your standing within the Scroll network and, consequently, your chances of qualifying for the airdrop.
10KDex is a derivatives exchange that aims to empower more DeFi users to enjoy a centralized exchange-like on-chain trading experience. Place a trade on it to enhance your engagement within the Scroll ecosystem.
Participating in the LayerBank lending pool involves depositing your assets, which are then lent to borrowers in exchange for interest. This engagement could signal your active involvement within the Scroll ecosystem, potentially making you eligible for the airdrop.
If you follow the guide above and need funds on Scroll to engage more with other protocols, you can use XY Finance to bridge and swap any token from 20 different chains to Scroll.
Stay Up-To-Date For Scroll Protocols Airdrop
Apart from the possibility of Scroll conducting an airdrop of its native tokens, emerging protocols within the Scroll ecosystem might also launch their own tokens.
Meet ‘DeFiLlama‘, a convenient tool that monitors the current activities of various projects and tokens. Users can keep updated on the Scroll protocol’s airdrop by regularly checking the ‘Airdrops’ section.
Watch Out for the Scroll Airdrop Scams!
With the Scroll airdrop generating considerable interest and enthusiasm, it’s crucial for users to stay alert and careful to safeguard against possible scams. The temptation of free tokens can be strong, but it’s important to remember that such scenarios are frequently targeted by scammers aiming to deceive. As a cross-chain aggregator committed to user security, we urge everyone to protect themselves by adhering to these three key guidelines:
- Verify Official Sources
Fraudsters might try to set up counterfeit websites or social media profiles mimicking authentic Scroll channels, aiming to deceive users into disclosing their private keys or confidential details. It’s vital to always verify the URLs, the official social media accounts, and the legitimacy of websites. To obtain reliable information about the Scroll airdrop, consult exclusively the official Scroll website, recognized social media pages, and formal communications from Scroll verified accounts.
- Never Share Private Keys or Personal Information
Authentic airdrops will never require your private keys or personal details. It’s crucial to keep sensitive information, passwords, or seed phrases confidential and not share them with anyone, regardless of claims that they are associated with the Scroll team or support personnel. Exercise caution with unexpected messages, emails, or direct messages that ask for your private keys, as these are typical methods employed by fraudsters.
- Avoid “Too Good to Be True” Offers
Maintain a healthy level of skepticism towards airdrop offers that appear overly generous or too good to be true. Scammers often entice victims by promising substantial rewards in return for a minor initial payment or by asking for a fee to participate in the airdrop. Remember, genuine airdrops do not ask for any form of payment to qualify. If an offer raises doubts or sounds dubious, it is probably a scam.
You May Want to Know About Scroll Airdrop…
Q1. What are the eligibility requirements to qualify for the Scroll airdrop?
The criteria for the Scroll airdrop eligibility remain unclear, since there isn’t a definitive way to activate it. Airdrops are typically planned with strategy in mind, and their requirements can differ. Although users may make guesses based on previous experiences, it is advisable to keep abreast of official Scroll communications for any updates regarding eligibility conditions.
Q2. Will I receive notification if I qualify for the Scroll airdrop?
The approach to notifying recipients about the Scroll airdrop could differ, depending on the project’s approach to communication. Typically, such notifications might come via official platforms, including emails, announcements on social media, or updates posted on the Scroll website. It’s important to remain watchful and consistently check these official channels for any news about your eligibility and the details of the airdrop rewards.
Q3. What are the potential use cases or benefits of holding Scroll tokens received through the airdrop?
Advantages of this include being part of Scroll’s Layer-2 ecosystem, which facilitates quicker and cheaper transactions on the Ethereum network. Moreover, possessing Scroll tokens could provide entry to a range of decentralized applications (dApps), services, and opportunities on the Scroll network, promoting active participation and the possibility of rewards.
Q4. What protocols should I interact with on Scroll?
In the ‘Possible Scroll Token Airdrop Guide’ section, XY Blog recommends interacting with six different kinds of protocols. If you require funds on Scroll to engage with these protocols, you can use XY Finance to bridge and swap any token from 20 different chains to Scroll.
Q5. How to bridge to Scroll?
Scroll bridge, which is limited to ETH transfers between Ethereum and Scroll, XY Finance offers a superior alternative for users.
As a cross-chain bridge aggregator, XY Finance functions across 20 EVM chains. It facilitates effortless token swaps between various chains, ensuring users access the most efficient routes and optimal prices.
How to Bridge to Scroll from Arbitrum, zkSync, Linea, and More? Click the link to know!
About XY Finance
XY Finance is a cross-chain interoperability protocol aggregating DEXs & Bridges. With the ultimate routing across multi-chains, borderless and seamless swapping is just one click away.