Swan Credit Token
Last updated
Last updated
Gas Fees:
Gas fees are transaction fees required to execute a transaction. These vary by blockchain. For Swan Chain transactions, ETH is required.
Payment to Computing Providers:
In addition to gas fees, you must pay Computing Providers in SwanC (Swan Credit Token) to utilize their computing resources to power your Space (Application).
Collateral (For Computing Providers Only):
Fog Computing Providers (FCPs) must deposit a minimum of 5 SwanC (Swan Credit Token) per task as collateral. Ensure you meet this requirement to receive task assignments.
Step 1: Purchasing ETH
Fund your wallet with ETH from any Decentralized Exchange (DEX) or Centralized Exchange (CEX).
Funding your network account is required to use the network. All transactions, including claiming Swan Credit tokens and deploying Spaces, charge a transaction fee. Ensure you have sufficient ETH to cover these costs.
Step 2: Bridge ETH from Ethereum to Swan Chain
Go to Bridge, enter the amount of ETH you wish to bridge, and click on the "Deposit" button.
Step 3: Claiming Swan Credits
Visit the faucet page and connect your wallet address.
Click "Send Me Swan Credit Token" to claim Swan Credits. These credits can be used to pay Computing Providers when deploying an application in Lagrange.
Each wallet can claim up to 25 tokens at a time. If your wallet balance exceeds 250 tokens, you won’t be able to claim any more tokens.
Please note: It's important to clarify that "Swan Credit Token" is only for testing space deployment on the mainnet and has no connection to rewards of Atom Accelerator Race, SWAN Credits.
