Swan Chain Feb 2025 Monthly Report

Swan Chain - Building A Full Toolset AI Blockchain

5 min readMar 6, 2025

Community Progress

One Trillion Agents Hackathon

Swan Chain proudly sponsored the One Trillion Agents Hackathon, inviting innovators to build autonomous agents and compete for a prize pool of $5,000 in USDT and Nebula Block Cloud Credits. The event was supported by @NEARProtocol and @NEARDevHub.

Hackathon Details: https://1t-agents.devpost.com

SwanFi Milestone: $5M Staked

Swan Chain’s SwanFi platform achieved a significant milestone with $5 million in total value locked (TVL) and 10 million SWAN tokens staked.

Explore SwanFi: https://stake.swanfi.xyz/

UBI Milestone: 3 Million SWAN Tokens Distributed

Swan Chain’s Universal Basic Income (UBI) program reached a significant milestone with 3 million SWAN tokens distributed, rewarding Computing Providers (CPs) and promoting sustainable growth of the decentralized network.

Read More.https://x.com/swan_chain/status/1888857987005251587

Milestone: 1 Million $SWAN Staked on Parasail

Swan Chain reached a significant milestone with 1 million $SWAN tokens staked on the Parasail platform. This achievement underscores the strength of the decentralized infrastructure network and the growing participation in Swan Chain’s staking ecosystem. A huge thank you to the @parasailnetwork and @swan_chain communities for making this possible. This milestone reflects the power of DePIN and sets the stage for even greater developments ahead.

Learn more about how Swan Chain is revolutionizing DeFi By connecting Computing Providers, SwanFi and Parasail here: https://x.com/swan_chain/status/1891788963418960109

Swan Chain and Nebula Block: DePIN Innovation

Swan Chain partnered with Nebula Block to provide 100,000+ hours of GPU computing power for AI inference. Nebula Block’s Deepseek service will be available for free, offering users a 50–70% discount on traditional cloud services like AWS and Google.

Learn more about how Swan Chain powers Nebula block here:https://x.com/swan_chain/status/1889603394085519836

Swan Chain Founder at DePIN Day

Swan Chain’s founder, Charles Cao, spoke at DePIN Day Denver, discussing the future of decentralized compute, data, and storage. This event highlighted the role of Swan Chain in scaling decentralized infrastructure across industries.

DePIN Day Highlights: https://x.com/swan_chain/status/1891681579522793472

PokéSwan Cup Tournament

The PokéSwan Cup Tournament kicked off in February, with participants earning points and exclusive Pokémon-inspired roles as they climbed the ranks. The event boosted community engagement while adding a fun, competitive element to Swan Chain’s ecosystem.

Tournament Details: https://discord.com/channels/867879887871672331/1072929351525466262/1343862678623621141

5. Partnerships and Integrations

Swan Chain x AEON Community Partnership
Swan Chain teamed up with AEON Community to revolutionize Web3 payments by integrating AEON’s payment abstraction technology. This partnership enhances Swan Chain’s ability to offer seamless Web3 mobile and online payment solutions, making transactions easier for AI developers and users.

Learn More:https://x.com/swan_chain/status/1892846078657188078

Swan Chain x Alpaca Network Partnership
A strategic collaboration with Alpaca Network aims to enhance decentralized AI research and development by combining Alpaca’s decentralized AI coordination layer with Swan Chain’s compute power for seamless AI training and inference.

More Info:https://x.com/swan_chain/status/1886435646857973762

Product Progress

Orchestrator

Continued optimizing Sample to ensure UBI distribution.
Added support for FCP string-based deployment.
Integrated the latest CP resource monitoring mechanisms, including Sybil detection, cheating detection, and corresponding policies.
Optimized Sample task resource usage, achieving desired results with fewer resources.
Improved the CP exit mechanism.
Collected CP bandwidth data to allow users to choose their preferred CP.

SwanFi

Released support for Swan ROI: users who stake Swan can now receive both OP and Swan rewards under eligible conditions.
Optimized frontend to ensure smoother wallet connections.
Adjusted withdrawal waiting time to 3 days.

Mission

Designed and developed Mission 3.0.

Bridge

Updated the frontend Web3 plugin to the latest JS package.

Official Webpage

Added a news feature with scrolling news updates at the top of the homepage.

Computing Provider

Released v1.1.2, supporting the latest CP resource detection mechanisms.
Enabled ECP to deploy tasks using string-based configuration.
ECP now supports tasks using different types of GPUs.
Updated the ECP UBI task API, allowing ECP to deploy multi-GPU zk tasks.
Added support for FCP to deploy AI applications via string-based configurations.
FCP now allows a single task to utilize different GPU models.
Upgraded Resource-exporter to v12.0.0, introducing a resource verification code mechanism.

Swan Provider Dashboard

Launched the “My CPs” feature, allowing CPs to log in and view their CP list, health status, and UBI task list.
Added task status and failure reasons to the UBI task list for better transparency.
Introduced new FCP status indicators: Sibyl, Cheating, and Version Too Low.

ZK Engine & ZK Sequencer

Implemented the latest CP resource detection mechanism, using verification codes to prevent CPs from reporting false resources.
ECP now receives multi-GPU zk tasks, enhancing CP resource verification.
Updated CP data statistics on the homepage to display only online CPs.

Swan Console

Updated AI application deployment to FCP and mining task deployment to ECP.
Enabled users to deploy tasks to the latest ECP version via API.

Follow Us for the latest updates via our official channels:

Website: SwanChain.io
Twitter: @Swan_Chain
Telegram: Swan Telegram
Discord: Join the Community

Let’s build the future of decentralized computing together!