CandleFocus Swan Chain Unveils CP v1.0.0 Update in Preparation for TGE
2024-12-16
Author: Content Editor
Swan Chain, an AI Cloud blockchain platform, has released the Computing Provider (CP) version v1.0.0 in preparation for the upcoming Swan Chain Token Generation Event (TGE). The update includes new functionality such as full collateral requirements for task rewards, a slashing mechanism for Edge and Fog Computing Providers, and a specific settlement period for UBI distribution. Users will be able to exchange their collateral for tokens after the settlement period, but early withdrawal will reduce their share of UBI distribution. This update is a significant milestone for Swan Chain, improving the reward system and network operation.
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