Phaver’s Token Generation Event for SOCIAL Set for September 24, Listing on Bybit
Phaver, a decentralized social app built on the Lens Protocol, has announced that its token generation event (TGE) for its native token, SOCIAL, will take place on September 24, 2024. According to the announcement on X (formerly Twitter), SOCIAL will be listed on the cryptocurrency exchange Bybit at 10:00 UTC on the same day. In addition to the listing, Bybit will introduce SOCIAL through its launchpool, allowing users to stake and earn the new token.
This event marks a significant milestone for Phaver as it rolls out its token to enhance the decentralized social media experience on the Lens Protocol.
SOCIAL Token Generation Event and Bybit Listing
The SOCIAL token generation event represents the official launch of Phaver’s native token, designed to power its decentralized social platform. On September 24, SOCIAL will be available for trading on Bybit, one of the largest cryptocurrency exchanges. The listing is scheduled for 10:00 UTC, providing users with the opportunity to trade, hold, and engage with the SOCIAL token in real-time.
In addition to the listing, Bybit’s launchpool will introduce SOCIAL, allowing users to participate in the platform’s staking program. By staking their assets, users will be able to earn SOCIAL rewards, adding an extra layer of engagement and value for early adopters.
Phaver’s Role in Decentralized Social Media
Phaver, powered by the Lens Protocol, is at the forefront of a new wave of decentralized social applications. By leveraging blockchain technology, Phaver aims to create a social media platform where users have greater control over their content, data, and interactions. The SOCIAL token plays a key role in incentivizing user participation, engagement, and content creation on the platform.
As decentralized social media platforms continue to gain popularity, Phaver is positioning itself as a leader in this space by providing a user-centric experience free from centralized control. The launch of the SOCIAL token is expected to further accelerate the platform’s growth and adoption within the Web3 community.
SOCIAL on Bybit’s Launchpool
By launching SOCIAL on Bybit’s launchpool, Phaver is giving users the chance to stake their tokens and earn additional rewards. Bybit’s launchpool provides a unique opportunity for users to benefit from staking, encouraging participation in the early stages of the token’s lifecycle.
This integration with Bybit is expected to attract both crypto enthusiasts and those interested in decentralized social media, increasing the visibility and adoption of the SOCIAL token.
Conclusion: Phaver’s SOCIAL Token Set to Debut on Bybit
With the token generation event for SOCIAL scheduled for September 24, and the token set to be listed on Bybit at 10:00 UTC, Phaver is taking a major step forward in advancing decentralized social media. The listing on Bybit and the introduction of SOCIAL through Bybit’s launchpool will provide users with exciting opportunities to engage with the platform, earn rewards, and contribute to the growth of the Web3 ecosystem.
As Phaver continues to innovate in the decentralized social space, the launch of the SOCIAL token is poised to play a critical role in driving user participation and expanding its community.
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To learn more about upcoming token launches and decentralized social media platforms, explore our article on the latest news, where we cover key developments and trends shaping the future of Web3.
