Swan Chain will launch the Token Generation Event (TGE) on December 16

Bitget2024/12/06 07:31

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On December 6, Swan Chain announced that the Token Generation Event (TGE) for its native token SWAN will be held at 23:00 on December 16 (Singapore time).

The total supply of SWAN tokens is 1 billion, with 20% of the tokens to be distributed for early users and future community reward airdrops to encourage network participation and interaction. Another 20% of the tokens will be allocated to investors, providing initial development and ecosystem expansion funds for Swan Chain; another 20% of the tokens will go to DAO Treasury for managing investments, compliance expenditures, and other financial needs. Additionally, 25% of the tokens will be allocated to an ecological fund to finance projects supporting ecological growth; while the remaining15% of tokens are set aside for key developers and team members.

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