 | Swell (SWELL)IEO    Ongoing IEO Token sale: Nov 05, 2024 – Nov 14, 2024Swell Network is a permissionless, non-custodial, and liquid ETH staking protocol that is built for stakers, node operators, and the Ethereum ecosystem. A community-driven and open-source protocol backed by the industry’s leading funds and angels. Stake ETH and receive swETH in your own swNFT and earn DeFi yield in a single place. Seed Round: $3.75M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
|
OpenWhat is Swell
Swell is a non-custodial staking protocol with a mission to deliver the world’s best liquid staking and restaking experience, simplify access to DeFi, while securing the future of Ethereum and restaking services.
With Swell, users are able to earn passive income by staking or restaking ETH to earn both blockchain rewards and restaked AVS rewards, and in return be provided with a yield-bearing liquid token (LST or LRT) to hold or participate in the wider DeFi ecosystem to earn additional yield.
Swell’s mission is to create a more secure, decentralized and transparent financial future for the world that does not discriminate or censor economic freedom.
DetailsIEO (Bitget Launchpool): Nov 07, 2024 - Nov 14, 2024IEO (Gate Launchpool): Nov 05, 2024 - Nov 07, 2024 IEO (Gate Launchpool): Nov 07, 2024 - Nov 14, 2024 IEO (ByBit Launchpad): Nov 07, 2024 - Nov 14, 2024 Token supply: 10,000,000,000 SWELL LegalBlockchain Platform: EthereumRegistration year: 2021 | Token infoTicker: SWELLType: Utility-token Token standard: ERC-20 |
Swell Roadmap
In the first phase of the Swell DAO launch, the following activities will take place:
- Token Launch: The Swell token will be launched, which will serve as the governance token for the DAO.
- Forum Opening: A forum will be opened to facilitate discussions and engagement among community members.
- Snapshot Voting Enabled: Snapshot voting, an off-chain voting platform, will be enabled to allow token holders to vote on proposals.
The second phase of the Swell DAO launch will focus on expanding the governance capabilities and deploying working groups for dedicated use cases. The objectives of this phase include:
- Defining Full Scope of Governance Power: The full scope of governance power will be defined, outlining the decision-making authority of the DAO.
- Deploying Working Groups: Working groups will be established to address specific use cases, such as grants applications, node operator voting, rswETH AVS integration, and reward and incentive programs.
- First Votes on Working Group Composition: The community will have the opportunity to vote on the composition of the panel responsible for decision-making within the DAO.
- Staking Swell into AVS: Swell tokens will be staked into the AVSs to further enhance the governance capabilities of the DAO.
The second and final phase of the Swell DAO launch will focus on achieving full on-chain governance and decentralization. The objectives of this phase include:
- Full On-Chain Governance: The DAO will establish on-chain voting mechanisms, allowing token holders to directly participate in decision-making processes.
- End Goal of Decentralization: The DAO will work towards achieving full decentralization, where decision-making power is distributed among token holders.
- Fully Automated Governance Functions: The DAO will aim to automate governance functions, making them immutable and executed through smart contracts.
Social media
MVP
