Swan Chain, an AI Superchain, Secures $750,000 Grant from Optimism Foundation

Foresight News reports that Swan Chain, an AI Superchain, has secured a grant of 500,000 OP tokens (approximately $750,000) from the Optimism Foundation. This funding will be used to accelerate the development of high-yield DeFi projects, enhance the decentralized finance ecosystem, explore innovative applications of AI in DeFi, improve developer tools, support innovative research, organize educational events and developer hackathons.

Swan Chain currently boasts over 150 ecosystem partners and 100+ AI applications spanning various domains including cross-chain bridges, blockchain infrastructure, GPU resource aggregation, DeFi, and AI Agents. As a DePIN infrastructure project incubated by Binance Investment, Swan Chain's mainnet officially launched in early July. The project plans to release its SWAN token in the second half of the year, allowing early participants to obtain the token in advance through mainnet incentive programs for future staking operations.