🌊 Swell Network Weekly Recap 🌊
I took a little break to recharge, but I'm back with another packed @swellnetworkio update.
Let's dive in 🤿
2) Read the recap of Swell's Space with @0xPolygon @alt_layer and @ankr here.
The vision that @AbishekFi lays out (a resilient restaked rollup built using ZK-validium technology with cross-chain liquidity 🤯) is really compelling.
x.com/swellnetworkio/status/1839284287880966373
3) It feels like Swell adds a new DeFi partner every week or so.
I've been posting about Swell for almost 18 months now, and it's amazing to see just how far the network has come by steadily building.
TVL is now over $1.5B (that's billion with a "B")!
x.com/swellnetworkio/status/1843525241018208757
4) I've spoken in the past about how I appreciate the way Swell has been building (purposefully, and with decentralization, security, and a long time horizon).
@intotheblock does a great job showing how that translates into Swell's risk profile here.
x.com/intotheblock/status/1841841581680144638
5) One of Swell's recent innovations is swBTC - the 1st BTC LRT to offer restaking yield from the Ethereum ecosystem.
@aerafinance does a deep-dive here on how everything works behind-the-scenes. Worth a read if you want a peek under the hood of BTCFi.
x.com/aerafinance/status/1838295504930709796
6) If you want to do more than just peak under the hood, here's the documentation for the swBTC SDK.
Buildoors, integrate BTCFi into your dApp, platform, or product here.
x.com/swellnetworkio/status/1838825945886789737
7) With TGE right around the corner, Swell listened to the community's feedback and made some changes to upcoming Wavedrops and bonuses.
I won't go into all the details here, but if you want to read more, pop into the discord.
x.com/swellnetworkio/status/1843222842529525822
8) Post-TGE, $SWELL will be able to be restaked on Swell L2.
More information about rSWELL (restaked SWELL) can be found in the blog post linked here.
x.com/swellnetworkio/status/1838485876936184278
9) $SWELL will not just be restaked on Symbiotic, but also on EigenLayer.
Read more here.
x.com/swellnetworkio/status/1841436553593397708
10) I'm not going to be in Bangkok, but I wanted to include this insane Swell / Moo Deng image in this rollup. 🤣
x.com/swellnetworkio/status/1842122923517280433
11) Want to go even deeper? Swell released another fortnightly deep dive, which is always an informative read.
x.com/swellnetworkio/status/1837029421221577043
12) 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.
13) If you missed it, here is my last recap.
x.com/TheBenMeadows/status/1835806250107634085