Swan Chain receives $750,000 in funding from the Optimism Foundation

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According to Foresight News , AI superchain Swan Chain announced that it has received 500,000 OP (about 750,000 US dollars) of funding support from the Optimism Foundation. The funds will be used to accelerate the development of high-yield DeFi projects, improve the decentralized financial ecosystem, explore innovative applications of AI technology in DeFi, and improve developer tools, support innovative research, organize educational activities and developer hackathons.

At present, Swan Chain has more than 150 ecological partners and more than 100 AI applications, covering cross-chain bridges, blockchain infrastructure, GPU resource aggregation, DeFi, AI Agent and other fields. As a DePIN infrastructure project incubated by Binance, the Swan Chain mainnet was officially launched in early July, and plans to launch SWAN tokens in the second half of the year. Early project participants can obtain tokens for future staking operations in advance in the mainnet incentive activities.

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