Swan Chain receives $750,000 in funding from the Optimism Foundation
Foresight News reported that the AI super-chain Swan Chain has announced that it has received a $500,000 (approximately $750,000) grant from the Optimism Foundation. This funding will be used to accelerate the development of high-yield DeFi projects, improve the decentralized finance ecosystem, explore innovative applications of AI technology in DeFi, and enhance developer tools, support innovative research, organize educational events, and host developer hackathons.
Currently, Swan Chain has over 150 ecosystem partners and more than 100 AI applications, covering cross-chain bridges, blockchain infrastructure, GPU resource aggregation, DeFi, AI agents, and other areas. As a DePIN infrastructure project incubated by Binance Investments, Swan Chain's mainnet was officially launched in early July, and it plans to launch the SWAN token in the second half of the year. Early project participants can receive tokens for staking and operating in the mainnet incentive activities.