Scroll co-founder denies criticism over Binance listing.
Ye Zhang explains Scroll’s relationship with Binance is beyond just listing but a partnership.
Scroll already reserved 15% of its token supply for community airdrops.
Scroll co-founder Ye Zhang has debunked the criticism from crypto community members who think the project made a wrong decision to seek a listing on the Binance cryptocurrency exchange. According to Zhang, listing on Binance is a strategic decision to build a partnership for growth and broader support.
I don’t think partnering with Binance is "kneeling to a CEX for listing" – it's way more than that, it's a strategic decision to build a partnership for growth and broader support. However, it is indeed a tough decision. Here are some of my thoughts:
1) Binance on-ramp and…
— Ye Zhang (@yezhang1998) October 11, 2024
In a recent post on X, Zhang provided reasons for the partnership, which he claimed is a tough but necessary decision. He highlighted Binance’s significant on-ramp and off-ramp support for stablecoins as a major factor for Scroll, especially given the strong demand from ecosystem projects and builders…
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