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Scroll Slashes Costs Significantly Due to Protocol Migration to Optimism and Plans to Dissolve Its Security Council

Source: www.coindesk.com
According to CoinDesk, Ethereum Layer-2 network Scroll suffered a significant capital outflow following the migration of top decentralized application Ether.fi to Optimism, resulting in a decline of approximately $160 million in total value locked (TVL) and an estimated $13 million annualized fee loss. Scroll announced plans to propose dissolving its Decentralized Security Council and reducing DAO membership to lower operational costs, with network control transitioning to its internal team. Additionally, shortly after the protocol migration, Scroll temporarily increased its network gas fees by 1,280x, causing users to overpay more than $50,000 in transaction fees; fees have since returned to normal. Following this adjustment, Scroll’s TVL dropped to approximately $23 million. The official statement confirmed that all contract changes will remain transparent and verifiable on-chain.

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