This is the SWELL Airdrop Allocation for Campaign Voyage
2024-10-12Bittime - This is the SWELL Airdrop Allocation for Campaign Voyage. Swell, one of Ethereum's staking protocols, has just revealed the tokenomics for its SWELL token.
Also read How to Play SWELL Airdrop: Profitable Opportunities from Ethereum Staking
SWELL Airdrop Token Allocation Announcement
In the announcement, Swell allocated 8.5% of its total SWELL token supply (equivalent to 850 million tokens) for airdrop in a campaign titled “Voyage”.
This strategic move aims to reward active users and loyal stakers in the Swell ecosystem, while encouraging long-term community engagement.
Also read What is Swell Network (SWELL)? One of the Best Staking Protocols
SWELL Token Allocation Details
The total SWELL token supply is 10 billion, with the following split:
- 8.5% (850 million SWELL): Allocated for Voyage airdrop
- 7%: Awarded based on White Pearls collected
- 1,5%: Provided as Loyalty Bonus for loyal stakers
Voyage Airdrop Details
The Voyage airdrop is designed to encourage participation and reward users who actively interact with the Swell platform. This airdrop distribution includes:
- Collected White Pearls
Users who have collected White Pearls, an indicator of staking activity and engagement on the platform, will get a share of the SWELL token airdrop. This ensures that active contributors are properly recognized and rewarded.
- Loyalty Bonus
As an additional encouragement for long-term staking, 1.5% of the total SWELL supply will be allocated as a Loyalty Bonus. This bonus is only given to users who have shown consistent and loyal participation in the Swell ecosystem.
Claim Period and Token Return
Users have six months to claim their airdrop tokens after the snapshot taken on July 30, 2024.
With such a long claiming period, Swell provides ample opportunity for participants to get their rewards.
If after that period the tokens are not claimed, the remaining tokens will be returned to the treasury to maintain distribution efficiency and alignment with platform objectives.
Benefits of Campaign Voyage Airdrop
Campaign Voyage brings several important benefits to both Swell and its community:
Increased Engagement
By rewarding active participants and loyal stakers, Swell encourages greater community engagement, supporting the continued growth of the platform.
Incentivized Staking
The allocation of tokens as rewards encourages users to continue staking their assets, ultimately strengthening the security and stability of the Ethereum network.
Community Growth
A well-structured airdrop can attract new users to the platform, expand Swell's user base, and increase market presence.
Swell's Commitment to Tokenomics
Swell's transparent and strategic approach to token allocation demonstrates their commitment to creating a fair and rewarding ecosystem.
By allocating a large portion of SWELL's token supply to the Voyage airdrop, Swell ensures that its loyal users are properly rewarded, supporting a strong and growing community.
Future Prospects for Swell Network
Looking ahead, Swell plans to continue refining their tokenomics to better serve users and adapt to the evolving cryptocurrency world.
Airdrop Voyage is just one of the many initiatives aimed at improving user experience and creating a robust staking environment.
Conclusion
Swell's decision to allocate 8.5% of SWELL's token supply to the Voyage airdrop affirms their commitment to rewarding active participation and loyalty within their ecosystem.
By providing significant rewards based on staking activity and commitment, Swell is poised to strengthen its community and drive sustainable growth in the Ethereum staking space.
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