
Swell Network
SWELLEnd
Total Raised
$3.750M
Date
2022-03-14~2022-03-15
is a liquid staking protocol built on Ethereum, with its own liquid staking tokens - swETH and rswETH. As with other liquid staking protocols, these tokens can also be used in other DeFi protocols to earn additional APR.
Moreover, in 2024, the Swell crypto protocol announced the launch of its own L2 network, where the security will be powered by Swell restaked ETH - rswETH, and the governance layer by the native $SWELL token.
Since March 2022, the company has garnered significant attention from tier 2 funds, including Framework Ventures, Maven 11 Capital, and others, raising over $3.75 million in total.
Swell Network Overview
Token Symbol
SWELL
Sector
Blockchain Infrastructure
Launch Date
2020
Issuing Chain
Ethereum, Swell Network
Whitelist
No
Type
Equity
Swell Network Tokenomics
Total Raised
$3.750M
Total Supply
10000000000
Private/Presale
$2.500B
Public Sale
$0
Fully Diluted Valuation (FDV)
$112.000M
Initial Circulating Supply
25M
Distribution Mechanism
Community +35.00%
Team +25.00%
Fundraising +25.00%
Foundation +15.00%
Swell Network Token Sales (ICO & IDO) Rounds
Seed:
2022-03
End
Price
--
Tokens Sold
$0
Increase
$3.750M
Locked
--
Launch Sector
--
Source
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