HiveSwap Completes First HIVP Airdrop, Distributing 3.5% of Total Supply

HiveSwap Completes First HIVP Airdrop, Distributing 3.5% of Total Supply

HiveSwap, a decentralized exchange (DEX) launched by MapProtocol (MAPO, MAP), has successfully completed the first airdrop of its native token, HIVP. This airdrop is part of HiveSwap's plan to distribute 20% of HIVP's total supply to its community members and for marketing purposes. In this initial airdrop, HiveSwap has distributed 3.5% of HIVP's total supply. The airdrop was conducted based on a snapshot of MAPO token holders, who were eligible to receive HIVP tokens if they met specific criteria. To qualify, users needed to hold MAPO tokens in their HiveSwap wallets before a specified block height. The successful completion of the first HIVP airdrop marks a significant milestone for HiveSwap. It demonstrates the team's commitment to rewarding its early supporters and fostering community engagement. The remaining 16.5% of HIVP's supply allocated for airdrops and marketing will be distributed through subsequent events, providing further opportunities for users to earn HIVP tokens. As the Web3 industry continues to evolve, the role of DEXs in facilitating decentralized trading becomes increasingly important. HiveSwap, with its focus on accessibility, security, and user-friendliness, is well-positioned to contribute to the growth of the DEX market. The HIVP airdrop serves as an incentive for users to participate in HiveSwap's ecosystem and contribute to its success.