Scroll

**EtherFi Cash reaches major milestone** with 500,000 transactions settled since launch. **Key metrics:** - One card tap every 30 seconds on average - All transactions settled on Scroll network - Users earning 2-5% cashback on purchases **Real-world adoption** demonstrated through everyday purchases: - Groceries and flights - Cinema tickets - Various retail transactions The milestone shows **crypto payments gaining traction** for normal spending as people move financial activities onchain. **Next target:** 1 million transactions Get your card: [scroll.link/cashcard](https://scroll.link/cashcard)

**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 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.

**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.

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)

Tempest Finance has launched AI-powered vaults on Ambient Finance, offering users simplified liquidity management through one-click optimization. The vaults are now natively deployed on the Scroll network. Key features: - Single-click liquidity management - AI-powered optimization - Native integration with Ambient's web frontend - Full deployment on Scroll network The integration streamlines DeFi operations for users seeking efficient portfolio management without complex manual adjustments.

At Devcon's ZK Connect panel, @yezhang1998 presented on ZK technology beyond rollups, covering: - Public verification of large computations - Developer experience improvements - TEE and ZK comparisons - zkEVM vs zkVM distinctions - Future applications in AI, email, and social login Upcoming events include: - WOW Summit: ZK in AI era with @yezhang1998 - Multichain Day featuring @_emjlin - Evening Fireside Chat with @chainlink and @razacodes Panel participants included representatives from MetaMask, Lita, nil, and Automata.

Scroll, a zk-Rollup solution, currently boasts the fastest finality among its peers. The team is now setting an ambitious goal to achieve 1-minute-finality by the end of 2024, further enhancing its performance. - Scroll currently leads in finality speed for zk-Rollups - Team targets 1-minute-finality by end of 2024 - @sandyzkp shared insights in a @nasdaq @TradeTalks interview For more details, watch the full interview with @JillMalandrino on @Nasdaq's @TradeTalks: https://x.com/i/broadcasts/1kvJpbVDaLZKE

In a recent podcast with @TheBlockPods, our co-founder @sandyzkp shared insights on the future of rollups in blockchain technology: - The debate between Optimistic and zk-Rollups continues - @sandyzkp predicts all rollups will eventually converge towards validity-proven execution - This shift suggests a potential evolution in blockchain scaling solutions Key points to consider: - Current advantages of Optimistic Rollups - The growing importance of validity proofs - Implications for blockchain scalability and efficiency For a deeper dive into this topic, listen to the full podcast with @fintechfrank.

The Level Up Mini-Hack, a collaborative effort between EasyA and Scroll, concluded successfully. Here's a brief overview: - **Participation**: Over 300 developers joined the event. - **Projects**: 50+ projects were submitted across various categories. - **Categories**: Included DeFi, Gaming, and Social applications. - **Highlights**: Notable projects featured innovative uses of zero-knowledge proofs and layer 2 scaling solutions. The event showcased the growing interest in blockchain development and the potential of Scroll's technology. Participants gained hands-on experience with Scroll's ecosystem. **Next steps**: Stay tuned for announcements about future hackathons and development opportunities with Scroll and EasyA.