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PocketFi Signals June 9 for Full Airdrop Claim Following $SWITCH Listing

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After listing $SWITCH on STON.fi, PocketFi prepares for full token unlock June 9. Users must act before June 12 to avoid losing unclaimed tokens.

Miracle Nwokwu

June 4, 2025

On May 20, 2025, PocketFi, a decentralized finance (DeFi) platform integrated with Telegram, listed its governance token, $SWITCH, on the STON.fi decentralized exchange within the TON ecosystem. The listing marked the start of a token claim process using a Dutch Auction model, designed to gradually release tokens and mitigate immediate sell pressure. 

Starting June 9, 2025, users can claim 100% of their tokens directly to their PocketFi 2.0 app balance without staking requirements, marking a significant phase in the airdrop process. Community discussions on price stability and potential centralized exchange listings are gaining momentum as this date approaches. Here’s a detailed look at the $SWITCH token claim, community sentiment, and what lies ahead for PocketFi.

Understanding the $SWITCH Token Claim Process

PocketFi’s $SWITCH token claim began on May 20, 2025, following the token’s listing on STON.fi, a decentralized exchange on the TON blockchain. The claim process uses a Dutch Auction model to discourage rapid selling. At the auction’s start, claimed tokens were locked in a three-month staking period. Each day, 5% of the tokens become available for immediate claim, with the staked portion decreasing accordingly. By June 9, 2025, all claimed tokens will be fully accessible on the PocketFi 2.0 app balance without staking requirements. 

Users must claim their tokens by June 12, 2025, at 20:59 UTC, or unclaimed tokens will be burned permanently. To participate, users need to maintain a TON balance in their PocketFi wallet to cover transaction fees on the TON blockchain.

The tokenomics of $SWITCH are structured to balance community rewards and long-term sustainability: 51% of tokens are allocated for mining, 24% for the team (with 86% locked for 3–12 months), and 25% for the DAO to support governance and community initiatives. Additionally, 7% of tokens are dedicated to liquidity for market stability, and 9% are reserved for a Launchpool to reward early users and liquidity providers.

Community Reactions to the Listing and Claim Process

The $SWITCH listing and the Dutch Auction claim system have sparked varied reactions within the PocketFi community, particularly on X. Some users expressed frustration over the token’s price decline, with one noting their holdings dropped from $680 to $64 before they could fully claim, criticizing the Dutch Auction’s effectiveness in protecting price stability. Others see the June 9 deadline as a turning point, suggesting that “paperhands” (those quick to sell) will exit by then, potentially stabilizing the price. Posts on X indicate a belief that the team and exchanges, rather than the community, may be contributing to the price dump due to the controlled release of tokens.

Despite the price concerns, the community appreciates PocketFi’s transparency. The team’s decision to lock 86% of their tokens (1.24 billion $SWITCH) for up to a year has been viewed positively, signaling a commitment to long-term development rather than short-term profit-taking. The introduction of a $SWITCH Volunteer Fund, where donations support token buybacks to bolster price and liquidity, has also resonated with some users. Contributors to the fund receive rewards like soulbound tokens, access to a private community chat, and recognition on a future website, fostering a sense of community-driven growth.

Expectations for centralized exchange (CEX) listings are high, with community members speculating about platforms like Bybit and Binance. While no official announcements have confirmed CEX listings, users emphasize the importance of listing on these exchanges, reflecting optimism about $SWITCH’s potential to expand beyond decentralized platforms like STON.fi.

PocketFi 2.0: Expanding Functionality

On May 17, PocketFi launched its 2.0 version, introducing Solana token trading via TON Connect, a significant step in enhancing cross-chain functionality. Users can now swap tokens, explore Solana protocols, and top up Solana wallets directly from their TON wallet, all within Telegram. The platform offers gasless swaps, best-price routing, and an “Autopilot” feature for automated, low-risk token purchases. These features aim to simplify DeFi for both new and experienced users, with tools like smart routing to minimize slippage and automatic account cleanup to prevent stuck tokens.

PocketFi 2.0 also includes a referral program, where users earn up to 30% of their friends’ trading fees, encouraging community growth. The ability to export Solana seed phrases ensures users retain full control over their assets. These updates align with PocketFi’s goal of making DeFi accessible and efficient, particularly through Telegram’s user-friendly interface.

Market Context and Price Predictions

Analysts initially predicted $SWITCH would debut between $0.0034 and $0.0056, based on PocketFi’s tokenomics and growing user base. However, posts on X suggest the price has faced downward pressure, with some attributing it to market dynamics rather than community selling, given the Dutch Auction’s gradual release. The $SWITCH Volunteer Fund, launched on May 23, 2025, aims to counter this by using donations for buybacks, directly supporting price stability. The fund’s community-driven approach contrasts with venture capital-driven projects, appealing to users who value decentralized ecosystems.

The broader Solana and TON ecosystems provide context for PocketFi’s ambitions. Solana’s low transaction fees and high-speed capabilities have made it a hub for DeFi projects and airdrops, with past successes like Jito ($225 million in December 2023) and Bonk ($1.3 billion at its peak). TON, with its integration into Telegram, offers a unique platform for reaching millions of users, and PocketFi leverages this to bridge Solana and TON functionalities.

How to Participate in the Airdrop Claim

To claim $SWITCH tokens, users should:

  1. Access the original PocketFi Telegram bot (@pocketfi_bot) to initiate the claim process.
  2. Ensure sufficient TON balance to cover transaction fees.
  3. Claim tokens before June 12, 2025, at 20:59 UTC, to avoid permanent burning.
  4. Monitor the PocketFi 2.0 app for updates on token availability and trading options.

Users can increase their token allocation by completing tasks like subscribing to PocketFi’s Telegram channel, performing token swaps, or referring friends. These activities, outlined in earlier mining phases, reward active participation and community engagement.

Looking Ahead

As June 9 approaches, PocketFi’s community is focused on the full claim unlock and potential CEX listings. The Dutch Auction system, while innovative, has not fully prevented price volatility, but the team’s transparency and community initiatives like the Volunteer Fund signal a commitment to long-term value. 

PocketFi’s integration with Solana and TON, combined with its user-friendly DeFi tools, positions it as a notable player in the DeFi space. Investors and users should stay updated via official PocketFi channels on Telegram and X to navigate the evolving landscape of $SWITCH and its role in decentralized finance.

Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].

Author

Miracle Nwokwu

Miracle is a seasoned DeFi writer with over 6 years of experience in the industry. With a keen understanding of market trends, price movements, and trading patterns, Miracle has a passion for unraveling the complexities of the blockchain world. Miracle holds bags in BNB, MATIC, and other valuable cryptocurrencies.

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