Scroll Allocates Additional Soulbound Tokens
Scroll Allocates Additional Soulbound Tokens
🔥 Scroll Token Bonanza!

Scroll, a decentralized platform, has announced the allocation of an additional 5 million Parabol Soulbound tokens due to overwhelming demand. Holders of these tokens will gain early access to paraUSDs upon launch and earn high yields, with further details to be provided in the future. This announcement comes as Scroll welcomes new members to its community.
We are allocating an additional 5 million Parabol Soulbound tokens on Scroll due to incredible demand. Soulbound token holders gain early access to paraUSDs upon launch and earn high yields — details to follow.
Scroll DAO Pauses New Proposals While Redesigning Governance Model
**Scroll DAO announces governance pause** while developing updated model for better efficiency and alignment. **Key changes:** - All previously accepted proposals continue as planned - No new proposals accepted until new model launches - Current governance structure remains active during transition - Focus on creating more efficient and sustainable processes The pause follows Scroll's 7-week Co-Creation Cycle that began in November 2024, which sourced initial DAO proposals. The organization frames this as **responsible evolution** rather than disruption. **Next steps:** Updated governance model will be presented before new proposal processing resumes.
EtherFi Cash Reaches $40M in Spending Volume

**EtherFi Cash continues strong adoption** with $40M in total spending volume and over $200M locked in vaults. **Key metrics:** - $40M spent through the platform - $200M+ locked in vaults - Up to 5% cashback on purchases - Growing transaction momentum The platform maintains steady growth as users continue spending crypto through the service. The substantial vault deposits indicate strong user confidence in the protocol. **Previous data showed** $185M in vaults and $25M spent across 250k+ transactions on Scroll network, demonstrating consistent platform expansion. The cashback rewards program appears to be driving user engagement alongside the core spending functionality.
DAO Accelerator Week 3: Three-Way Tie at the Top

**Week 3 Results Are In** The DAO accelerator program hits its midpoint with intense competition at the top. Three participants are tied with **289 points each**, showing how close the race has become. **This Week's Focus** - Covered Scroll's zkEVM architecture - Competition tightening across all participants - **4 weeks remaining** for climbers to make their move **Program Progress** - Week 1: Governance fundamentals - Week 2: Token contracts deep dive - Week 3: zkEVM technical architecture With half the program complete, the leaderboard battle intensifies as participants push toward the finish line.
Hedge Fund Strategies Go Public Through DeFi Vaults
**Institutional DeFi strategies are now accessible to everyone** through tokenized vaults, eliminating traditional barriers like wealth requirements and exclusive connections. **Key developments:** - Dialectic Group partnered with Makina Finance to democratize hedge fund-grade strategies - Tokenized vaults allow public access to sophisticated yield generation - AI-powered due diligence streamlines risk assessment - Cross-chain automation handles complex multi-step strategies **Technical infrastructure enables:** - Risk scoring and automated portfolio allocation - Atomic execution of complex strategies - Slippage protection across chains - Real-time yield communication This represents a significant shift from exclusive institutional access to **open DeFi participation**, where anyone can deploy capital using the same strategies previously reserved for wealthy investors and connected insiders.
Scroll Launches 7-Week Delegate Training Program

Scroll has launched a comprehensive Delegate Accelerator program to train the next generation of effective DAO delegates. The 7-week curriculum includes: - Interactive workshops - One-on-one mentorship with veteran delegates - Practical experience through mock voting - Skill-building through gamified challenges **Key Details:** - Application deadline: June 23rd - Program focus: DAO governance and delegation - Goal: Building the Open Economy [Apply for the program here](https://app.deform.cc/form/5e670c2f-179c-4041-a37c-037216e5b8c2/?page_number=0)