Swell opens airdrop query, 7,500 addresses have been identified as Sybil addresses

BlockBeats news, on October 10, the liquidity re-staking platform Swell opened airdrop inquiries. The total supply of SWELL tokens is 10 billion, of which 8.5% of the total supply (850 million) will be used for Voyage airdrops.

When the claim is open, 700 million SWELL will be linearly distributed according to the White Pearls accumulated by each Voyager. Another 1.5% will be distributed to pledged users based on the loyalty reward method.

Users with witch activity will not receive rewards, and will only be returned if they can prove that they have been misidentified. Otherwise, these SWELL tokens will be shared by all Voyagers and distributed at the time of TGE. Currently, there are 7,500 wallet addresses identified as witch addresses (a total of more than 7.3 million Pearls).

Officials said that SWELL tokens can be used to pay Gas fees, govern Swell DAO, and re-stake to ensure the security of Swell L2 applications and infrastructure.