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Scroll Announces SCR Token

The initial SCR token airdrop for Scroll users and contributors will go live on October 22, 2024.

Quick Take

  • Scroll announces its SCR token airdrop.

  • Aave launches its v3.2 protocol upgrade.

  • Google Search supports ENS domains.

  • EF is looking to hire protocol testers.



Scroll Announces SCR Token

Scroll, an EVM-equivalent ZK Rollup, announced its native protocol and governance token, SCR. With a total supply of 1 billion tokens, SCR will play a role in incentivizing the development of a decentralized prover network. The token distribution includes 15% for airdrops, with 7% allocated to an initial airdrop set to go live on October 22, 2024, marking one year since Scroll went live on mainnet.The airdrop snapshot will be taken on October 19, 2024. Details on airdrop eligibility are expected to be released in the coming week. The remaining 35% of the supply is dedicated to ecosystem growth, 10% to the Scroll Foundation Treasury, 23% to core contributors, and 17% to investors. Scroll is currently the largest ZK rollup by TVL with $1.2 billion in assets.

Aave Launches v3.2 Upgrade

Aave launched its v3.2 upgrade, introducing Liquid eMode, an enhancement to its existing high-efficiency mode. eMode enables users to achieve higher Loan-to-Value (LTV) ratios when supplying and borrowing correlated assets. The new Liquid eMode feature allows assets to be eligible for multiple eModes, giving users the flexibility to choose their preferred eMode. The enhancement enables more advanced strategies and configurations, such as allowing assets to be designated as only borrowable, only collateral, or both. Additionally, the upgrade removes deprecated stable rate logic from the codebase, leading to improved gas efficiency for users.

Google Search Supports ENS Domains

Google Search now supports ENS domain searches, enabling users to instantly view the ETH balance of any .eth domain directly in search results. Currently, the feature only supports top-level domains and balances on Ethereum Mainnet. Subdomain resolution is not yet available. Google Search initially introduced support for Ethereum address balances in search results in May 2023. ENS is the leading naming protocol that turns hexadecimal wallet addresses into human-readable names, with nearly 2 million active .eth names registered to date.

EF Seeks Protocol Testers

The Ethereum Foundation is looking to hire two Protocol Testers: one focused on the Consensus Layer, needed immediately, and another focused on the Execution Layer, starting in 2025. The roles involve collaborating with testers, developers, and researchers to test protocol upgrades, enhance testing methods, and improve test infrastructure. EF positions are fully remote, welcoming candidates from any location worldwide.

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