HyperSwap discloses detailed tokenomics for its SWAP token, with a total supply of 100 million and 25% allocations for the community and investors, marking a crucial step toward the TGE on October 20.
HyperSwap, a decentralized exchange protocol on the Hyperliquid network, has unveiled the tokenomics for its SWAP token, setting a maximum supply of 100 million tokens. The TGE, scheduled for October 20, will feature allocations including 25% for the community, 25% for investors, and portions for liquidity mining, airdrops, contributors, advisors, and liquidity pools. Additionally, 25% of future token issuance will be in xSWAP, which can be converted to SWAP after a lock-up period.