Tokenomics SWITCH Token and How to Claim It?

The decentralised finance (DeFi) world continues to evolve rapidly, bringing with it new innovations aimed at simplifying access to this growing ecosystem. One promising project in this space is PocketFi, and at the heart of its governance lies the $SWITCH token. In this article, we’ll take a deep dive into the tokenomics of $SWITCH, its distribution, and, most importantly, provide a comprehensive guide on how to claim your tokens.

What is the $SWITCH Token?

$SWITCH is the governance token of the PocketFi DAO. It plays a critical role within the PocketFi ecosystem, enabling token holders.

PocketFi is an innovative Decentralized Finance (DeFi) platform designed as a Telegram mini-app. Its primary goal is to simplify complex DeFi activities, making them accessible directly within the familiar Telegram interface.

$SWIFT Token Generation Event (TGE) and Key Dates

The Token Generation Event (TGE) for $SWITCH is scheduled for 20 May 2025. This marks the official start of the token distribution. Following the TGE, $SWITCH is expected to be listed on various exchanges to increase its liquidity and accessibility.

Also Read: What Is Taker Protocol Airdrop: Guidance for Beginner

$SWITCH Tokenomics, Distribution and Allocation

Understanding how $SWITCH is distributed is essential to evaluating the project’s sustainability and fairness. Below is the breakdown of the total token allocation:

Allocation Explanation

• Mining (51%): The largest portion is reserved for community-driven mining, incentivising user participation and promoting decentralisation.

• Team (20%): A standard allocation to the development team, encouraging long-term commitment. This will likely be subject to a vesting schedule.

• Treasury (13%): These funds will support future ecosystem growth, strategic partnerships, and DAO initiatives.

• Launchpool (9%): Used for launch events and early incentive programmes to attract users and liquidity.

• Liquidity (7%): Ensures smooth trading on exchanges by reducing slippage and improving the user experience.

How to Claim Your $SWITCH Tokens

The claiming process for $SWITCH will utilise a Dutch Auction model. This unique approach starts with a high token price, which gradually decreases over time until all tokens are sold or the claim period ends.

Claim Requirements

All $SWITCH claims will be recorded on the TON blockchain. Therefore, before claiming your tokens, make sure to:

Top Up Your PocketFi TON Balance

Ensure you have enough TON in your PocketFi account to cover the necessary transaction (gas) fees.

Claim Campaign Dates

Don’t miss the window for claiming your tokens:

• Start Date: 20 May 2025 (coinciding with TGE)

• End Date: 9 June 2025

Claim Progress and Unlocking Mechanism

The claiming process comes with a dynamic unlocking mechanism:

Initial Auction (20 May 2025)

If you claim at the start, 100% of your tokens will be staked for 3 months, meaning they won’t be immediately available for trading or transferring. However, they will generate staking rewards.

Gradual Unlock During Auction

As the auction progresses, tokens will unlock at a rate of 5% every 24 hours (approximately 0.000057% per second). The longer you wait during the auction period, the more of your claimed tokens will be immediately accessible without a staking lock-up.

After 9 June 2025

All claims made on or after this date will be fully unlocked immediately, with 100% of tokens credited directly to your PocketFi 2.0 balance — no staking required.

Implications of This Mechanism

This model rewards early supporters who are willing to commit their tokens to long-term staking, while also giving latecomers the option for instant access. It's a strategic balance between encouraging loyalty and offering flexibility.

Conclusion

A well-designed tokenomics structure is the backbone of any successful crypto project. In the case of $SWITCH, the allocation strategy shows clear planning — with strong emphasis on community mining, team incentives, treasury sustainability, and liquidity provisioning.

The Dutch Auction claim model, paired with a gradual unlock mechanism and staking rewards, is crafted to reduce early sell pressure and build a committed holder base. With the TGE launching on 20 May 2025, now is the time to understand the full picture and prepare for your participation in the PocketFi ecosystem.

FAQ

What is the $SWITCH Token?

$SWITCH is the governance token of PocketFi DAO, used for voting, community incentives, and future functionalities within the ecosystem.

When is the Token Generation Event (TGE)?

The TGE is scheduled for 20 May 2025.

How is the $SWITCH Token distributed?

Distribution is as follows: Mining (51%), Team (20%), Treasury (13%), Launchpool (9%), and Liquidity (7%).