Tokenomics Of Swell Network Token ($Swell)

Bittime - Tokenomics of swell network token ($swell). Swell Network is a non-custodial staking protocol that allows users to stake and restake Ethereum (ETH) in a liquid manner. 

Also read: Swell Network Airdrop: Eligibility and Profit Potential

Swell Network Advantages

With Swell, users can earn returns from staking without having to lock up their assets, thus maintaining liquidity to participate in various DeFi activities. 

The protocol also supports restaking, which allows users to increase their potential returns by leveraging their staked assets.

This article discusses the tokenomics of the SWELL token, covering the distribution of total supply, allocation to various categories, and other important details for SWELL holders and potential investors.

Also read: SWELL Airdrop Claim Today, How Much is the Allocation? Check it out here!

Total Supply and Distribution of SWELL

The SWELL token has a maximum total supply of 10 billion tokens. Here is a breakdown of its distribution covering the main categories.

Community (35% - 3.5 Billion $SWELL)

As part of Swell DAO’s commitment to community ownership and decentralization, 35% of the total supply is set aside for the community and ecosystem. This community distribution includes several strategic programs that accelerate Swell’s growth.

Voyage Airdrop

An initial allocation of 8.5% (850 million $SWELL) has been distributed to stakers and early liquidity providers.

Wavedrops

This strategic airdrop program will distribute 7% of the supply in stages over 12 months after the Token Generation Event (TGE).

Launch Pools

A total of 135.53 million $SWELL was allocated to support CEX listings and marketing activities.

Team (25% - 2.5 Billion $SWELL)

This allocation is reserved for Swell DAO core contributors and advisors. Tokens allocated to the team will be disbursed on a linear vesting schedule over 36 months and a lock-up for the first 12 months.

Funding (25% - 2.5 Billion $SWELL)

Set aside for early investors who provided capital, expertise, and other support during Swell’s development phase. The token also has a 30-month vesting schedule and a 12-month lock-up.

Foundation (15% - 1.5 Billion $SWELL)

Reserved for strategic initiatives such as Layer 2 expansion, product development, ecosystem growth, and resourcing. This allocation supports Swell’s long-term goals of sustainability and ecosystem growth.

Tokenomics Outlook ($SWELL) on Swell Network

The SWELL Network token ($SWELL) is a vital part of the Swell DAO ecosystem, with a tokenomics design focused on decentralization, community growth, and long-term sustainability. 

With allocations spanning community, team, funding, and strategic initiatives, SWELL supports the protocol’s goal of providing optimal staking and restaking liquidity for users. 

This protocol has the potential to be one of the major innovations in non-custodial staking, opening up wider access for DeFi users around the world. 

Conclusion

For those of you who are interested in the potential of SWELL, understanding tokenomics is the right first step to get to know more about the Swell Network ecosystem.

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