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Home»Blockchain»Swan Chain launches Celestial Bloom and expands Swan Chain’s AI ecosystem
Blockchain

Swan Chain launches Celestial Bloom and expands Swan Chain’s AI ecosystem

2024-11-29No Comments2 Mins Read
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Swan Chain has officially launched its Celestial Bloom campaign, a six-month initiative to expand its decentralized AI-powered ecosystem. Starting November 26, 2024, the campaign invites participants to actively participate and earn $SWAN and $OP tokens as rewards.

🌌 Introducing Celestial Bloom: a new mission to develop Swan Chain

A new chapter begins! Celestial Bloom is here to celebrate growth, deepen community bonds, and reward your continued support as we revolutionize decentralized AI.

💫 What’s new?
– Goal: Expand Swan Chain… pic.twitter.com/WronpkQfcY

— Swan Chain (formerly FilSwan) (@swan_chain) November 26, 2024

This initiative builds on the success of Season 1, including refined features to improve the user experience and support Swan Chain’s network growth. Swan Chain announced this strategic launch to its community via its official social media platform, X.

Swan Chain offers generous rewards for active participation

Celestial Bloom participants share a total rewards pool of 1M $SWAN tokens and 150K $OP tokens, distributed based on activity and contributions. However, unlocking $OP rewards is possible after achieving Total Value Locked (TVL) milestones, such as $1.5 million within two months and $3 million by the end of the campaign. If the TVL thresholds are not met, only $SWAN tokens will be distributed to eligible participants.

The campaign introduces several improvements to reward structures and user security. Daily combo rewards offer up to 5,000 points, adjusted for durability. Wallet-based login ensures secure access and streamlined data management, while social points and on-chain XP tracking have been reset for the new season. The airdrop bonus system has been overhauled, with bonuses capped at 50% to maintain a balanced reward structure.

See also  Swan Chain, Filecoin and Multi-Chain Storage: pioneering the dApp future

Swan Chain’s mission and vision

Celestial Bloom represents an important step in Swan Chain’s mission to make AI accessible and affordable through blockchain technology. Using the OP Stack Ethereum Layer 2 framework, the network reduces computing costs by up to 70% and promotes decentralized AI storage and deployment solutions. The campaign reflects Swan Chain’s commitment to community engagement and ecosystem growth, strengthening its position as a leader in decentralized AI innovation.

With Celestial Bloom, Swan Chain aims to highlight its vibrant community and achieve new growth milestones. The campaign is a collective effort to build a robust, sustainable ecosystem, with active user participation at its core. By joining the initiative, participants will play a key role in shaping the future of decentralized AI development.



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