After a Successful DAO Vote, Stakewise decided to Launch the 1 Phase of the $gSWISE Distribution

Background Stakewise's DAO governance is considering altering Stakewise Gold allocation rate, a newly approved function where 1% of bridge volume fees are converted to $gSWISE. $gSWISE has the potential to increase bridge transaction volume and reward holders, but will $SWISE face market cap reduction if a derivative token supply is increased, or will the increase in bridge volume contribute to greater value for users. - Proposal Increase $gSWISE from 1% of bridge volume fees to 2% bridge...