HyperSwap has released the SWAP tokenomics, with 25% allocated for community genesis distribution.

According to Foresight News, AMM DEX HyperSwap has released the tokenomics for the SWAP token. The total supply cap for the SWAP token is 100 million coins, and the genesis event will start on October 20. Of this, 25% will be used for community genesis distribution (fully unlocked), 25% will be used for investor genesis distribution (fully unlocked), 25% will be allocated for future Liquidity Mining issuance (of which 15 million tokens will be linearly unlocked over 36 months, and the remaining 10 million tokens will be linearly unlocked over 12 months), 8% will be allocated to existing and future core contributors (12 months cliff unlock, then linear unlock over the next year), 10% will be used for future trading activity airdrops (unlocked after 6 months), 3% will be allocated to the advisory team (linear unlock after 1 year post-genesis), 2.5% will be allocated to the HyperSwap liquidity pool, and 1.5% will be used for HIP-2. In the future, 25% of the token issuance will be distributed in the form of xSWAP, which is a restricted version of the SWAP token. xSWAP can be exchanged for SWAP at a 1:1 ratio after a maximum lock-up period of 6 months.