Spur Protocol’s SpurSwap Launches on Mainnet with Multi-Chain Rewards and Fee Sharing
Spur Protocol's decentralized exchange, SpurSwap, has officially launched on mainnet, marking a pivotal moment for the project. The platform enables cross-chain token swaps and introduces a novel referral system where users earn 30% of gas fees from invited traders—a strategic MOVE to boost engagement.
The deployment follows last month's release of detailed tokenomics, outlining the distribution of 1 billion SPUR tokens. Community incentives dominate the allocation, with 40% dedicated to airdrops and user rewards. Another 20% is reserved for project development, locked for two years, while liquidity provisions and strategic investments each receive 10%.
SpurSwap bypassed public testing, opting for a direct mainnet release on November 3. The platform promises faster swaps and a streamlined interface catering to both novice and experienced traders. A live quiz campaign further amplifies community participation.