Scroll Faces Significant Fund Outflow Following Ether.fi Migration

Ethereum Layer-2 network Scroll has experienced a substantial outflow of funds, with its total value locked (TVL) decreasing by approximately $160 million. According to ChainCatcher, this was triggered by the migration of the top decentralized application Ether.fi to the Optimism network. The annual fee loss is estimated at around $13 million. In response, Scroll plans to propose the dissolution of its decentralized security council and reduce DAO members to cut operational costs. Control of the network will be transferred to an internal team. Following the protocol migration, Scroll temporarily increased network gas fees by 1,280 times, resulting in users paying over $50,000 in additional fees, although this has now returned to normal levels. After these adjustments, Scroll's TVL has dropped to approximately $23 million. The organization assures that all contract changes will remain transparently verifiable on-chain.