Swan Chain Receives $750,000 in Funding from Optimism Foundation

Swan Chain, an AI superchain, announced that it has been awarded 500,000 OPs (approximately $750,000) from the Optimism Foundation. The funding will be used to accelerate the development of high-yield DeFi projects and improve the decentralized financial ecosystem, as well as to explore innovative applications of AI technology in DeFi, improve developer tools, support innovative research, and organize educational events and developer hackathons.

Currently, 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 invested and incubated by CoinAn, Swan Chain's main network was officially launched in early July, and plans to launch SWAN tokens in the second half of the year, so that early project participants can get tokens for pledge operation in advance in the incentive activities of the main network.