The network reported that the re-pledge agreement Swell Network announced that SWELL applications will be open at 17:00 on November 7, and announced the SWELL token economy model. The total supply of SWELL is 10 billion pieces, and the initial circulation supply is 13%. 35% of SWELL will be allocated to the community: 8.5% of the supply will be allocated to Voyage airdrops, 7% of the total supply will be allocated linearly based on the white pearls accumulated by each Voyager, and the other 1.5% will be allocated to the most loyal stakeholders based on its loyalty bonus methodology. They can be collected for up to 6 months after the application is open, after which unclaimed tokens will be returned to the DAO for future plans. Users can pledge SWELL (rSWELL) after applying for SWELL airdrop. In addition, 25% is allocated to teams, 25% is allocated to investors, and 15% is allocated to foundations.