SWITCH has grown by +87% since its listing on DEX STON.fi and continues to rise. Its current market cap is $43M🚀.
One reason for the price stability is that users couldn’t claim the full airdrop (50% of supply) right away. The project used a Dutch auction-style model: the airdrop is initially locked, with +5% unlocking each day until 100% is available on June 9📌. If a user claims their tokens early, the remaining locked portion is automatically staked for 3 months.
Additionally, the team locked their own tokens (40% of supply) with an average lock period of 8.5 months👥.
At launch on STON.fi, the SWITCH/TON pool included a farming program with 520% APR plus 50% APR from the pool itself🧑🌾.
Despite the high yield, I don’t recommend adding your tokens there, as it's clear the token will likely decline gradually as the airdrop unlocks📉.
If you're looking for a place to allocate funds, I’d recommend the PX/USDT pool with 75% APR. Bullish factors for #PX 📈 include a favorable current price, bullish tokenomics (burning + buyback), an upcoming tournament where PX will be needed to play, and hints from the team that they’re finally considering a CEX listing🥲.
