Markets
News
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev
【AI superchain Swan Chain announces SWAN token staking economic model and is about to launch UBI plan】 on October 21, AI super chain Swan Chain introduced the details of the staking incentive mechanism of its native token SWAN in the official document. The mechanism is designed to incentivize computing providers (CPs) to participate in network construction while ensuring the security and stability of the network. According to the announcement, Swan Chain will launch a dual income model, including universal basic income (UBI) and task payment compensation. UBI adopts a model similar to gamma distribution to provide higher rewards for early participants and dynamically adjust according to network resource utilization. This innovative model is expected to provide CPs with stable income during the growth period of the network. It is worth noting that Swan Chain also introduced a staking economic model and a revenue multiplier system. The revenue factor adjusts the reward according to the GPU capacity to ensure fair compensation under different hardware configurations. In the initial UBI-0 stage, the staking requirement is only 1/10 of that after TGE, which means that CPs can start earning income with minimal upfront investment. This series of measures is expected to attract more CPs to join the Swan Chain ecosystem and promote the development of decentralized computing. The Swan Chain team said that the complete pledge economic model and UBI plan details have been published in its official documents, and interested users and investors can go and check it out. It is reported that the Swan Chain mainnet was officially launched in early July, and plans to launch the SWAN token in the second half of the year.
Quick access to 24/7
Quick access to more editor-selected real-time news
Exclusive video for free
FastBull VIPject team is dedicated to create exclusive videos
Follow More Symbols
You can add more symbols to your watchlist.
More comprehensive macro data and economic indicators
More comprehensive historical data on indicators to help analyze macro markets
Member-only Database
Comprehensive forex, commodity, and equity market data