PANews reported on October 20th that HyperSwap announced the SWAP token's Genesis on HyperEVM and HyperCore on October 20th , with a maximum supply of 100 million. Token distribution is as follows: 25% for the community, 25% for investors, 25% for liquidity mining, 8 % for core contributors, 10% for trading activity airdrops, 3% for advisors, 2.5% for limited partners, and 1.5% for HIP-2 . The project will use 75% of product revenue to buy back SWAP , with trading volume estimated to have exceeded $ 5 million in the past six months. The Genesis community and early investors will each receive 25 million tokens, all unlocked immediately. The mining portion will vest linearly over 12-36 months. xSWAP tokens can be redeemed in up to six months, and 50% of unvested tokens will be burned for early withdrawals.
SWAP Genesis Launches Today: HyperSwap Announces Token Distribution and 75% Revenue Buyback Mechanism
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