🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Share your story on Gate Square, and embrace the next 30 million together!
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1️⃣ Post a photo or video with Gate elements
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AI Super Chain Swan Chain announces SWAN token stake economic model, about to launch UBI plan
BlockBeats News, on October 21st, AI super chain Swan Chain introduced the detailed rules of its native Token SWAN's stake incentive mechanism in its official document. The mechanism aims to incentivize computing providers (CP) 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 mode, including Universal Basic Income (UBI) and task-based payment compensation. UBI adopts a model similar to the gamma distribution, providing higher rewards for early participants and dynamically adjusting based on network resource utilization. This innovative model is expected to provide stable income for CPs during the network's growth period. It is worth noting that Swan Chain also introduces a stake economic model and a revenue multiplier system. The revenue factor adjusts rewards based on GPU capacity to ensure fair compensation for different hardware configurations. In the initial UBI-0 stage, the stake requirement is only 1/10 after TGE, which means that CPs can start earning income with minimal initial investment. This series of measures is expected to attract more CPs to join the Swan Chain ecosystem and promote the development of Decentralization computing. The Swan Chain team stated that the complete stake economic model and UBI plan details have been published in its official document, and interested users and investors can go to check it out. It is reported that the Swan Chain Mainnet was officially launched in early July and plans to launch SWAN Token in the second half of the year.