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SCROLL STANDS FIRM ON BINANCE PARTNERSHIP DESPITE COMMUNITY CRITICISM In response to criticism over its partnership with Binance, Scroll co-founder Ye Zhang defended the alliance, emphasizing its strategic importance for growth in emerging markets. Community members voiced… https://t.co/KkjQVXmG6W
SCROLL DEFENDS BINANCE PARTNERSHIP Scroll’s stirring things up with its Binance partnership, and co-founder Ye Zhang is setting the record straight. This move isn’t just about another exchange; it’s a big play for growth in emerging markets. Sure, some folks are bummed about… https://t.co/djKMgLDTz1
In response to questions about the "kneeling to CEX" of offering up to 5.5% of the tokens to Binance, Scroll responded: This is indeed a difficult decision, but Binance's support for the stablecoins is very important. In Africa, Binance has even stronger legitimacy than Ethereum.…
Scroll has announced a significant partnership with Binance, aiming to leverage the exchange's global reach to enhance its growth, particularly in emerging markets. The collaboration includes the listing of ETH deposits and withdrawals on Binance, and the allocation of 5.5% of Scroll's tokens to Binance's Launchpool users, and 7% to early adopters. This decision has sparked criticism from some community members, who view the allocation as favoring centralized exchanges. Scroll co-founder Ye Zhang defended the partnership, highlighting Binance's strong presence and support for stablecoins, especially in Africa, where Binance holds more legitimacy than Ethereum. Additionally, Scroll plans to focus on bringing equal opportunities and ZK education to African regions through its collaboration with Web3Bridge.
