Innovator of Layer2 trading market.
I. Project Introduction
EdgeSwap is an Ethereum-based layer 2 trading protocol that adopts the ZK Rollup technology. With the industry’s top-grade hardware acceleration solution and circuit optimization system, EdgeSwap provides the market with high-performance, cost-effective swapping and farming services. At the same time, it protects users’ assets and privacy through the highest level of security among layer 2 scaling solutions.
II. Token Information
1) Basic Information
Token name: EGS (EdgeSwap)
Total supply: 1,000,000,000
Tokens in Circulation: 95,002,654
2) Token Distribution and Token Release Schedule:
|party||% of the total||Token Release Schedule|
|Community||50.60%||Liquidity Mining||18.00%||180,000,000||community released for 5 years|
|Staking Rewards||15.00%||150,000,000||community released for 5 years|
|Airdrop(beta public)||1.00%||10,000,000||immediately released|
|Reserve for Future||16.60%||166,000,000||lock up first, six months later release rules decided by community voting|
|Ecosystem Dev||21.40%||Network||13.40%||134,000,000||release 0.5％， release for 5 years at every month|
|Marketing&Partnership||8.00%||80,000,000||TGE release 0.17％，release for 1 year at every month|
|Team||18.00%||Team||18.00%||180,000,000||lock up 6 months, release 4.5 years at every month|
|Investors||5.00%||Investors||5.00%||50,000,000||release 0.65％ once listing， the rest released quarterly in a year|
|Liquidity Mgmt.||4.50%||Liquidity Mgmt.||4.50%||45,000,000||immediately released|
|Public Sale||0.50%||Public Sale||0.50%||5,000,000||immediately released|
III. Related Links
Official Website: https://edgeswap.io
Whitepaper Link: https://docs.edgeswap.io/
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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