TechFlow news, on November 6, restaking protocol Swell Network announced that SWELL token claims will open on November 7 at 17:00, and revealed the SWELL tokenomics. The total supply of SWELL is 10 billion tokens, with an initial circulating supply of 13%. 35% of SWELL is allocated to the community: 8.5% of the total supply goes to the Voyage airdrop, 7% of the total supply will be linearly distributed based on White Pearls accumulated by each Voyager, and an additional 1.5% will be allocated to the most loyal stakeholders using its Loyalty Bonus method. Claims can be made within six months after the claim window opens; any unclaimed tokens will be returned to the DAO for future programs. After claiming their SWELL airdrop, users may restake SWELL to receive rSWELL.
In addition, 25% is allocated to the team, 25% to investors, and 15% to the foundation.
