Blackswan Token $SWAN Post-Launch Plan
Cryptocurrency markets are heavily correlated and full of downside tail risk. While there are many tokens competing to achieve the highest positive growth during these periods, virtually none of the projects plan for the opposite, extreme contraction during market cycles.
Blackswan maintains stability not only during market growth cycles but unleashes growth during contractionary market periods with the aim to move as an anti-fragile asset or uncertainty index.
Launch Day
$SWAN will go live July 9th at approximately 18:30 UTC on the Quickswap DEX through the Matic / Polygon network.
Before deciding to purchase $SWAN we highly recommend reading over the Blackswan Whitepaper, checking out some of our YouTube videos and taking a look at some of our other Medium articles. Blackswan is exciting, however it can be hard to understand, so if you have any questions during your research process, we highly recommend reaching out in our Telegram community.
If you are unfamiliar with Matic / Polygon, our last article can be a great resource.
Blackswan Bootstrapping Rewards
After the launchpad sale and token distribution on July 9th, there will be a countdown on the Blackswan dapp (web application) in addition to a USDC staking pool that is open for participation. The countdown is necessary to ensure that there is USDC in the distribution pool before rewards start to get distributed on July 11th.
There will be a soft-launch for the Blackswan Lake, with an even higher emission rate of rewards than the distribution pool on July 11th. At this stage in the Blackswan Lake, you are able to stake your Quickswap SWAN/USDC LP tokens and receive $SWAN passively as rewards. This will get phased out during the full launch.
We are unable to launch with the full Blackswan systems running on day 1 as the token needs to mature in order for the full Blackswan functionality to operate properly. However, in the meantime, there will be incentives to help bootstrap the Blackswan system in preparation for full launch on July 21st.
July 21 Full Launch
At this stage, the USDC distribution pool will get phased out and the Blackswan Lake will be connected to the Blackswan Fund with money collected from distribution pool fees.
Blackswan logic will go into full effect, and the dapp will be updated to reflect this with major changes.
From this point on, further developments can be found in the Blackswan Roadmap post, and will be continuously announced in our Telegram announcements channel.
