Switcheo will launch a new version of Tradehub on August 12, early participation in staking yields 100%

Decentralized exchange Switcheo announced that it will officially start Tradehub Phase 0 on August 12, allowing SWTH to participate in network governance and pledge. Participate in the pledge within the first 8 weeks, and the return rate is 100%. In addition, Switcheo tokens will also change from a deflationary model to an inflation model. The total amount will be increased from 1 billion to 2.16 billion, and the distribution is planned to be completed within 5 years. Chain Wen Note: Switcheo is the first decentralized trading platform based on Neo and Ethereum. In Q3 this year, Demex, a decentralized derivatives exchange based on Tradehub, will also be launched.