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