Scroll Community Call: Darwin Updates, Hackathon Projects, and More

**Europe's dollar dependency problem is real.** The continent has relied heavily on repackaged USD stablecoins while native euro solutions lag behind. **Monerium's EURe offers a different approach:** - Native euro stablecoin with proper banking integration - Uses SEPA payment rails for seamless transfers - Operates under clear regulatory framework - Provides web3 IBANs for traditional banking compatibility **The numbers tell the story:** Global stablecoin market sits at $255B, but euro-backed tokens represent only $14B compared to $241B in USD stablecoins. **Key benefits of native euro stablecoins:** - Reduces reliance on US dollar infrastructure - Keeps European deposits within EU banking system - Maintains ECB's monetary policy influence - Enables faster, cheaper cross-border payments **Real-world integration** includes partnerships with Gnosis Pay and traditional banking systems, bridging the gap between crypto and conventional finance. Former ECB board member Lorenzo Bini Smaghi warns that staying on the sidelines means **accepting marginalization** in global finance. Europe needs to act decisively to maintain its financial sovereignty.

**Scroll extends content hackathon deadline to Nov 17th** The Scroll ecosystem content creation challenge gets an extra week, with **$4,000+ in prizes** still available across English, Spanish, and Portuguese tracks. **New addition:** - @ProjectMochaHQ (tokenized coffee trees) joins featured projects **Challenge tracks:** - Long-form threads about Scroll ecosystem - UGC videos showing product usage - Multi-language support with dedicated local nodes **Featured projects to cover:** - @ether_fi Cash - @usxcapital - @honeypop_app - @chatterpay - @ProjectMochaHQ Creators can submit written or video content demonstrating real-world usage of Scroll ecosystem products. [Submit here](https://luma.com/kgaa4abz) | [Details](https://x.com/Scroll_ZKP/status/1984277142033826154)

Scroll launches a **$500k Security Subsidy Program** to make professional security audits accessible to high-potential projects on their network. **The Problem:** - Most projects treat security as a one-time checkbox - 80% of audited projects still have critical bugs found in their first year - Comprehensive security costs over $100k annually - too expensive for early teams **How It Works:** - Service providers offer 25% discount - Scroll subsidizes up to 75% case-by-case - Covers traditional audits via Areta.io Market - Includes end-to-end security through Immunefi's Magnus platform - 6 months free Magnus access + AI security copilot **What's Included:** - Fuzzing tests and formal verification - Bug bounties and 24/7 monitoring - Real-time incident response - PR reviews before launch The program aims to help projects build trust faster and raise capital easier by ensuring **professional-grade security from day one**. [Apply here](https://grantsapp.scroll.io/programs/977/apply) | [Learn more](https://scroll.io/blog/security-subsidy-program)

**Ether.fi Cash has reached $100 million in total spending**, marking a significant milestone for onchain financial services. **Key achievements:** - Over 1 million transactions processed on Scroll network - All transactions are gasless for users - 3-5% cashback rewards on purchases - Growth from zero to $100M in just a few months The platform demonstrates **product-market fit** as users conduct their complete financial lives onchain. Every transaction settles on Scroll's Layer 2 network without gas fees. **What this means:** - Proof that mainstream onchain payments are viable - Significant adoption of Layer 2 solutions - Growing acceptance of crypto for daily transactions The milestone represents a shift toward **practical crypto adoption** beyond speculation, showing real utility in everyday financial activities. [Get Ether.fi Cash](http://scroll.link/cashcard)

A hypothetical Polymarket prediction market could trigger **$100 million in spending** for Ether.fi, though the market doesn't currently exist. The cryptic announcement suggests this massive expenditure has become **inevitable** with a countdown now underway. - The spending appears tied to some form of commitment or obligation - Timeline pressure is building with the mentioned countdown - Previous related activity involved USX Capital's points system launch The vague nature of the announcement leaves questions about: - What specific event would trigger the $100M spend - The exact timeline for this inevitable outcome - How this connects to broader DeFi market dynamics