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HyperSwap announces SWAP token economics: 25% will be used for community creation distribution

Internet reports that HyperSwap, a DEX protocol based on the Hyperliquid network, has released SWAP Tokenology. The total supply of SWAP tokens is capped at 100 million, and TGE will be launched on October 20. 25% will be used for community creation distribution (fully unlocked), 25% will be used for investor creation distribution (fully unlocked), and 25% will be used for future liquidity mining releases (Among them, 15 million tokens will be unlocked linearly within 36 months, and the remaining 10 million tokens will be unlocked linearly within 12 months), 8% will be allocated to existing and future core contributors (Cliff unlocked in 12 months, linear unlocked in the next year),10% will be used for future trading activity airdrops (unlocked in 6 months), 3% will be allocated to the advisory team (linear unlocked in 1 year after creation), 2.5% will be used for HyperSwap liquidity pool, and 1.5% will be used for HIP-2. In the future, 25% of the token issuance will be allocated in the form of xSWAP, which is a restricted version of SWAP tokens. xSWAP can be redeemed for SWAP at a 1:1 ratio after a lock-up period of up to 6 months.

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