Swan Token is used for paying web3 services and ecosystem governance (DAO) on the network. It includes storage-based services, computing services and other chain services, e.g., Matic, BNB, and ARK.
Token Holders can also get revenue sharing from sub-DAOs’ staking, e.g. storage DAO and computing DAO.
Total Supply: 1,000,000,000 Tokens.
The Swan token has 2 stages:
Swan Testnet Token (Swan) is used on Swan Testnet. The Swan Testnet is designed to Launch in Q4 2023.
Swan is a L3 blockchain on Ethereum with Rollup technology.
Swan Mainet Token is used by swan mainnet, when swan mainnet launches, user can perform a one-time swap at 1:1 with LAG Token. The total supply is 1,000,000,000.