Swing DAO

1. Summary

Ranks

Liquidity

-

Developer

-

Social

30

Momentum (beta)

0

Stack Rank™

-

Price

$0.000010850000 0.0%

Market Cap

$0.00 (#10689)

Supply

/

Tags

More Metrics

Price
52W High price	$0.001881899100
52W High date	19th Oct 2022 (2 years ago)
All Time High (ATH) Date	14th Sep 2024 (5 months ago)
All Time Low (ATL) Date	14th Sep 2024 (5 months ago)

Supply & Trading Volume
Trading Volume (24h)	$12.00

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Description

Overview of Swing DAO

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Overview of Swing DAO

Swing DAO is a decentralized effort aimed at expanding the foundation of DeFi, web-based activities, and community-built initiatives. While apes are a well-known symbol in the NFT community, Swing DAO is focused on harnessing the creative potential of its members.

SWING Token

The SWING token is an ERC-20 deflationary governance and utility token. This token acts as a decentralized protocol built for the community, serving as the financial foundation of the ecosystem. It allows the community to submit proposals and cast votes to establish ideas regarding development, which is powered by the SWING Ecosystem managed by token holders.

Key Utilities of the Swing DAO Ecosystem

• NFT Marketplace: 1.75% of transaction sales go to the Treasury Department.
• Swap: 1% of transaction fees go to the Treasury Department.
• Decentralized Wallet: 1% of each wallet transaction goes toward burn.
• Snapshot: A proposal system that doesn't use on-chain verification, making voting free.
• Staking: 20% percentage annual return based on time lock staking contracts with weekly rewards.

Tokenomics

There is a total supply of 1,500,000,000 SWING tokens. The deflationary structure ensures that the supply is reduced, creating scarcity and enhancing demand. Post-launch taxes are set at 12% for every buy and sell, and 0% for transfers. This tax distribution includes 2% for liquidity, 2% for burn, 4% for the treasury, and 4% for development. After the initial month, taxes will be reduced to 3% and the distribution will be 1% for liquidity, 1% for burn, 1% for the treasury, and 1% for development.

Initial Token Distribution

Tokens are allocated to the following: 67% to Ever Rise (Ever Migrate), 2% airdropped to BANDEX (BSC) holders, 3% to founders, 8% for exchange migration tokens, 5% for exchange tokens for new exchanges, 5% for smart staking contracts, and 10% for liquidity. Any excess tokens are burned after one month of post-launch.

Mission

The mission of Swing DAO is to assist in the construction of Web3, the next generation of the Internet. This will lead to a more democratic and equitable web platform governed by the people who build, create, and use it. Swing DAO aims to empower individuals to control their financial resources, data, and personal information.

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