Swell Network: A snapshot will be taken on the 30th, after which the TGE details will be determined

ChainCatcher message, the re-staking protocol Swell Network announced that it will conduct a Pearls snapshot at midnight UTC on July 30, 2024, marking the end of Voyage and the beginning of new SWELL reward opportunities. Following this snapshot, details of the TGE and anti-witch measures will be announced.

The first Wavedrop is scheduled for October 8, 2024, allocating 2% of the $SWELL supply to Black Pearl holders, with subsequent allocations of 1% each time. In addition, Swell L2 deposits will enjoy a 1.5x ecosystem airdrop multiplier reward.