TechFlow, July 29 — Swell Network announced that a Pearls snapshot will take place at midnight UTC on July 30, 2024, marking the end of Voyage and the beginning of new $SWELL reward opportunities. Following this snapshot, TGE details and anti-Sybil measures will be disclosed. The first Wavedrop is scheduled for October 8, 2024, allocating 2% of the $SWELL supply to Black Pearl holders, with subsequent distributions allocating 1% each. Additionally, deposits on Swell L2 will receive a 1.5x multiplier for ecosystem airdrops.
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