Phaver, a SocialFi super app, has introduced its SOCIAL token through an airdrop for Lens and Farcaster users. The Phairdrop event signifies the platform's shift to a token-based decentralized social ecosystem. The SOCIAL token, currently trading at $0.0148 with a market cap of $146 million, has a total supply of 10 billion tokens. Users can claim tokens through various methods, including direct distribution to Cyber opt-ins and website claims using the Primary Wallet. Trading of SOCIAL has commenced on multiple exchanges, with Bybit listing the token. Holding SOCIAL tokens enhances a user's Cred score, unlocking benefits such as increased withdrawal quotas and VIP support. The token's utilities within the Phaver ecosystem include advertising, boosting posts, and purchasing Points. Phaver aims to create a sustainable ecosystem that rewards long-term engagement and supports the token's value over time. Read more AI-generated news on: https://app.chaingpt.org/news