Switchboard recently announced the economic model of its Token SWTCH, which has attracted widespread attention in the Crypto Assets community. It is reported that the total issuance of SWTCH is 1 billion coins, and its distribution plan reflects the project party's emphasis on the long-term healthy development of the ecosystem.

Specifically, the allocation ratio of SWTCH is as follows: 26% for the expansion and prosperity of the ecosystem; 25% allocated to early contributors of the project; 23% belongs to the core development team; 16% as protocol rewards and user incentives; the remaining 10% for project launch and community building.

It is worth noting that SWTCH has adopted a progressive circulation strategy. In the initial listing phase of the Token, only a small amount of Tokens will enter the circulation market, which mainly comes from the distribution shares for project initiation, community building, and ecosystem development. To ensure the long-term stability of the project, the Tokens held by the core development team and initial contributors will be locked for 6 months, and will gradually be unlocked until March 2026.

This carefully designed Token allocation and unlocking mechanism reflects the foresight of the Switchboard project team. By postponing the unlocking time of the majority of Tokens, it not only reduces the selling pressure in the short term but also ensures that the core team and early supporters align their long-term interests with the project. This approach is beneficial for maintaining the stability of the Token price while also providing strong assurance for the project's continued development.

Overall, the token economics model of SWTCH demonstrates a smart solution that balances short-term liquidity demands with long-term development goals, which will undoubtedly enhance investor confidence in the Switchboard project.