Swell: Total token supply 10 billion, 8.5% allocated to Voyage airdrop

Golden Finance reported that the re-staking protocol Swell Network announced that SWELL claims will be open at 17:00 on November 7, and announced the SWELL token economic model.

The total supply of SWELL is 10 billion, and the initial circulation supply is 13%. 35% of SWELL is allocated to the community: 8.5% of the supply is allocated to the Voyage airdrop, 7% of the total supply will be linearly distributed according to the white pearls accumulated by each Voyager, and another 1.5% will be allocated to the most loyal stakeholders according to its loyalty bonus method. The claim can be claimed within a maximum of 6 months after the claim is opened, after which unclaimed tokens will be returned to the DAO for future plans. Users can re-stake SWELL (rSWELL) after claiming the SWELL airdrop.

In addition, 25% is allocated to the team, 25% to investors, and 15% to the foundation.