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Home News Blockchains

GameSwift Hints on Post-TGE Events Like Staking, and Lockdrop

July 20, 2023 - Updated on July 7, 2024
in Blockchains, Funding & VC, News, Platforms
Reading Time: 2 mins read
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Juice Gaming News | Web3 Gaming

Juice Gaming News | Web3 Gaming

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In addition to its Token Generation Event, GameSwift has announced a staking event coming up shortly after the previously announced event. Token holders will have the ability to stake a $GSWIFT token using a dedicated website. The team has advised them to remain glued to their announcement channel for announcements about activating the currently inactive staking page. The process required to stake tokens would not be cumbersome – players can easily stake their tokens with a few clicks.

Upcoming Events After GameSwift TGE

After the $GSWIFT listing, GameSwift will kickstart a Lockdrop Campaign on July 24.  Notably, the listing will be followed by Airdrop, Staking, and the Lockdrop campaign. The Lockdrop campaign will bring amazing benefits to all airdrop receivers. About 4% of the total $GSWIFT supply will be airdropped to the community. GameSwift will be unlocking 50% of their total token supply during the TGE, with a 5-month vesting. 

$GSWIFT Lockdrop Campaign 

Players can unlock the full amount sooner and get extra rewards after allocating their airdrop to Lockdrop. The Lockdrop will take place on SpartaDex and about 80% of $SPARTA initial supply has been allocated to rewards that can be obtained by temporarily locking liquidity. The maiden phase of this event which includes $GSWIFT will last from July 24 to July 30. The rewards for Phase 1 account for 57% of the initial supply; half of the rewards will be available at $SPARTA TGE. The remaining portion has a 6-month linear vesting. 

Players can participate in the Locking Campaign by claiming their airdrop from the community airdrop page and getting USDC.e from 0xFF970A61A04b1cA14834A43f5dE4533eBDDB5CC8. They can then proceed to visit the SpartaDex Lockdown interface, decide the size and duration of their lock (2-52 weeks), and lock liquidity of GSWIFT/USDC.

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Sponges

Sponges is a gamer and avid reader who began his journey into Web3 gaming as an enthusiast in 2020. Since then, he has pivoted himself as a writer who aims simplify stories for readers.

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