Swell: Total token supply 10 billion, 8.5% allocated to Voyage Airdrop
Swell Network has announced that SWELL claims will be open at 17:00 on November 7th and has announced the economic model of SWELL tokens. The total supply of SWELL is 10 billion, with an initial circulating supply of 13%. 35% of SWELL is allocated to the community: 8.5% of the supply is allocated to Voyage airdrops, 7% of the total supply will be distributed linearly based on the white pearls accumulated by each Voyager, and another 1.5% will be distributed to the most loyal stakeholders based on their loyalty bonus methodology. After the application is open, it can be claimed for up to 6 months, after which the unclaimed tokens will be returned to the DAO for future plans. Users can pledge SWELL (rSWELL) after applying for SWELL airdrops.
In addition, 25% is allocated to the team, 25% to investors, and 15% to the foundation.