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

ChainCatcher message, the re-staking protocol Swell Network announces that SWELL claims will open on November 7 at 17:00, and reveals the SWELL token economic model. The total supply of SWELL is 10 billion tokens, with an initial circulating supply of 13%. 35% of SWELL is allocated to the community: of which 8.5% of the supply is allocated to the Voyage airdrop, 7% of the total supply will be distributed linearly based on each Voyager's accumulated white pearls, and an additional 1.5% will be allocated to the most loyal stakeholders based on its loyalty bonus method. Once the claims are open, they can be claimed within a maximum of 6 months, after which any 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.