Project: Swingby
Token: SWINGBY (BEP2)
Introduction
Swingby is a decentralized cross-chain swap protocol for moving assets between blockchains. It builds trustless bridges between BTC, Ethereum, Binance Chain and other blockchains secured by a network of node groups that facilitates fast inter-blockchain swaps based on Threshold Signature Cryptography (TSS) and Multi-Party Computing (MPC) technology.
Total Supply:1,000,000,000
Initial Circulating Supply:30,243,001, 3.02% of total supply
Official Website:https://swingby.network/
Blockchain Explorer: https://explorer.binance.org/asset/SWINGBY-888
Telegram:https://t.me/swingby
Twitter: https://twitter.com/SwingbyProtocol
Token Distribution:
Team:170,000,000,17% of total supply
Staking Reserve:300,000,000,30% of total supply
Advisors:70,000,000,7% of total supply
Foundation:336,397,094,33.64% of total supply
Seed round:41,827,100,$0.0177/Token, 4.18% of total supply
Private round:58,775,806,$0.02/Token, 5.88% of total supply
Public round (Auction):8,000,000,Starting Bid Price $0.02+0 ASD per Token, Bid Cap Price $0.025 + 1 ASD per Token, 0.8% of total supply
Token Vesting Schedule:
Team:Release after 12 months post listing, quaterly vesting for 1 year
Staking Reserve:Release after launch of staking based on actual participation
Advisors:Release after 3 months post listing, quarterly vesting for 1 year
Foundation:
1) 8,000,000 initial release to fund marketing and liquidity provsions;
2) remaining portion quarterly vesting for 5 years
Seed round:20% release immediately, remaining 80% quarterly vesting for 1 year
Private round:10% release immediately, remaining 90% quarterly vesting for 1 year
Public round (Auction):100% release immediately