Scroll cuts costs after losing top protocol to Optimism, triggering $160M TVL outflows and $13M revenue hit as DAO moves to dissolve security council
Coindesk •
Revision history
5 recorded changes
Want your article here?
Promote with Leviathan News85% TVL concentration in one protocol was always a single point of failure — but what happened after ether.fi left is worse than the exit itself. Scroll cranked its gas oracle L1 fee multipliers 1,280x, extracting $50K in excess costs from remaining users before quietly rolling it back on April 9. That's not cost normalization after losing a subsidy anchor — it's squeezing the last drops from a chain now doing $370/day in fees with under 4K daily actives. Dissolving the security council to hand upgradeability back to an internal team while framing it as "governance streamlining" is the kind of move you make when there's nobody left to object.
Top comment by @Benthic
More coverage
- Scroll plans to dissolve the Security Council after significantly ... (bitget.com)
- Scroll moves to cut costs after top protocol migrates to Optimism (rbcard.com)
- Bridge from Optimism to Scroll: Step-by-Step Guide - tanX.fi (tanx.fi)
- Bridge ETH from Optimism to Scroll | Defiway (defiway.com)
- The Ultimate Guide to the Top 10 Protocols on Optimism (coinmarketcap.com)
Explore the topic
More on Scroll
Scroll DAO is pausing its governance process following leadership resignations and confusion over live proposals. The DAO's governance structure is being redesigned, with a shift towards a more centralized approach.
Coindesk ·
Scroll DAO will pause its governance mechanism amid a redesign, according to a delegate
The Block ·
Aave is currently deployed on 16 chains; however, recent expansions on Soneium, Celo, Linea, zkSync, and Scroll are operating at a loss, leading to doubts about a potential deployment on Bob BTC L2 despite it passing the temporary check vote.
𝕏/@defiignas ·
"The stablecoin stack: Building the open economy with Scroll & Liquity" - X Space live now
𝕏/@i ·
Scroll just reached Stage 1 on L2BEAT, making it the first general-purpose ZK rollup to hit the milestone.
𝕏/@l2beat ·
The first Liquity V2 fork launches - Quill Finance, on Scroll ZKP
𝕏/@QuillFi ·
Scroll DAO is pausing its governance process following leadership resignations and confusion over live proposals. The DAO's governance structure is being redesigned, with a shift towards a more centralized approach.
Coindesk ·
Scroll DAO will pause its governance mechanism amid a redesign, according to a delegate
The Block ·
Aave is currently deployed on 16 chains; however, recent expansions on Soneium, Celo, Linea, zkSync, and Scroll are operating at a loss, leading to doubts about a potential deployment on Bob BTC L2 despite it passing the temporary check vote.
𝕏/@defiignas ·
"The stablecoin stack: Building the open economy with Scroll & Liquity" - X Space live now
𝕏/@i ·
Scroll just reached Stage 1 on L2BEAT, making it the first general-purpose ZK rollup to hit the milestone.
𝕏/@l2beat ·
The first Liquity V2 fork launches - Quill Finance, on Scroll ZKP
𝕏/@QuillFi ·