🌊 Swell Network Weekly Recap 🌊
I took some time off to travel and celebrate my birthday the past couple weeks.
We're back this week with a big recap - there is a lot to cover (as always!) in the world of @swellnetworkio. 🐋
Let's dive in 🤿
2) Early in November, Swell TGE went without a hitch. Claims and staking worked without issue.
$SWELL is listed on leading exchanges like Coinbase, Kraken, Bybit, Bitget and more.
Was it worth the wait? Only time will tell.
3) Now that TGE is done, Swell's next focus is on launching the L2.
The Devnet is already live. Poke around and see what's going on for yourself.
x.com/swellnetworkio/status/1856611237809033431
4) Neptune will be aggregating liquidity on Swell L2.
The goal is to provide CEX-like liquidity combined with DeFi freedom.
x.com/swellnetworkio/status/1856263078457049510
5) Tempest Finance is already live on Swell L2 Devnet.
They are advertising 13%+ on rswETH (with no emissions).
x.com/tempest_fi/status/1858165203558625746
6) How is that possible?
Per Tempest, it's through Arbitrage Recapture Vaults. Read more about their strategy here.
x.com/tempest_fi/status/1858412069911191804
7) Brahma is bringing their bundling and automation to Swell L2 Devnet.
x.com/swellnetworkio/status/1860943338498847127
8) Blockscout is also already live on Swell L2 Devnet.
x.com/blockscoutcom/status/1861362998545391633
9) Ambient Finance is also bringing concentrated liquidity to Swell L2 (and is already live on Devnet).
x.com/swellnetworkio/status/1861702628629266737
10) Not to be left out, your BTC can now earn yield with Swell via the new earnBTC vault.
Hands off, maximal risk-adjusted DeFi yield (and BTCFi points). 🔥
x.com/swellnetworkio/status/1859874109297131875
11) The points didn't stop at TGE.
Wavedrop 1 claims are already live.
x.com/swellnetworkio/status/1859531247262830862
12) Swell is looking for DAO Delegates.
If you are interested, apply below.
I already threw my name in the hat. 🎩
x.com/HatashiYamatomo/status/1858410686143164607
13) Want to go even deeper? Swell released another fortnightly deep dive, which is always an informative read.
x.com/swellnetworkio/status/1863394837875347847
14) Stay Swole. 🫡
x.com/swellnetworkio/status/1861398327776157906
15) As always, thanks for reading. See you next week! Disclaimers: None of this is financial advice. Always do your own research. Crypto is risky - you could lose what you put in. I am a member of Swell's Community Council.
16) If you missed it, here is my last recap.
x.com/TheBenMeadows/status/1854326103055438023