According to Odaily, the Web3 social application Phaver has announced plans to launch its SOCIAL token TGE on the X platform in July. The token is reported to use the LayerZero OFT standard, enabling multi-chain operations and supporting seamless low-cost transfers between chains such as ETH and Base. Phaver has also issued a warning that the SOCIAL token is not yet available for purchase or trading anywhere, urging caution against potential fraud.
