Swell Voyage Airdrop Results Summary

The Swell Voyage airdrop is now live, offering rewards to Swell's dedicated community of around 167,000 users who contributed to the protocol’s growth. Here’s a summary of the airdrop's estimated value, average allocation per user, and the impact on Voyagers based on current SWELL trading prices.

Estimated Airdrop Value and Average Worth per White Pearl

The SWELL token airdrop includes 850 million tokens. This makes up 8.5% of the total supply and covers both linear distribution and loyalty rewards. SWELL is currently trading between $0.025 and $0.04 per token. At these prices, the total airdrop value is estimated to be between $21.25 million and $34 million.

Average Allocation per Voyager

With 167,000 eligible Voyagers, we can estimate an average allocation across the user base. However, since the distribution is weighted by White Pearls, larger Pearl holders will see above-average rewards, while smaller holders may receive less.

Assuming an average Voyager holds around 5,600 White Pearls (derived from total White Pearls distributed across users), the estimated airdrop value per Voyager would be as follows:

• Average Allocation for 5,600 White Pearls: Between $127.12 and $203.28 based on current trading prices.

Distribution Highlights and Community Impact

The Swell airdrop rewards people who participated in the past. It also starts a new chapter where the community can own and govern the protocol. Token holders can use their SWELL for two main purposes.

First, they can vote on decisions in the Swell DAO to help guide the protocol's direction. Second, they can stake their tokens as rSWELL to help secure the Swell L2 network. Through this airdrop, community members can now shape Swell's future while earning rewards for their participation.