Huo Xing Finance reports that, following the migration of the top decentralized application Ether.fi to Optimism, the Ethereum Layer-2 network Scroll experienced significant capital outflows, resulting in a $160 million decline in total value locked (TVL) and an estimated annualized fee loss of $13 million. Scroll has announced plans to propose the dissolution of its decentralized security committee and reduce DAO membership to lower operational costs, transferring network control to its internal team. Additionally, shortly after the protocol migration, Scroll temporarily increased network gas fees by 1,280 times, causing users to pay over $50,000 in excess transaction fees—a condition that has since been normalized. Following these adjustments, Scroll’s TVL has dropped to approximately $23 million. The official team states that all contract changes will remain transparent and verifiable on-chain.
Scroll Cuts Costs After Major DApp Migration, Plans to Dissolve Security Committee
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Summary
Scroll is facing financial pressure after Ether.fi migrated to Optimism, resulting in a $160 million drop in TVL and $13 million in annualized fee losses. In response, the network plans to disband its security committee and reduce DAO membership to cut costs. A recent network upgrade caused a 1,280x spike in gas fees, costing users over $50,000 before being reverted. Scroll’s current TVL stands at $23 million. The team confirmed that all contract changes will remain transparent and on-chain.
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