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Swell Governance Token Price

(SWELL)

$0.00072
0.00%(5m)

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Swell Governance Token (SWELL) Live Price Chart

    Swell Governance Token Live Price Data

    Swell Governance Token is currently trading at 0.00072, with a 24-hour trading volume of 59931250. Over the past 24 hours, the price of Swell Governance Token changed by -2.7%, and over the past week, its value in rose by +0.98%. The circulating supply of Swell Governance Token is 5.08B SWELL, with a market cap of 3664186.63712715666081216800 , down -2.7% in the last 24 hours. Swell Governance Token is ranked #1344 by market cap.

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    Note: This data is for reference only.
    pk

    SWELL(SWELL) Profile

    altRank1344
    rate--
    Expand
    $0.000712
    $0.000782

    ATH
    $0.06972842
    Price Change (1h)
    -0.13%
    Price Change (24h)
    -2.70%
    Price Change (7d)
    +0.98%
    Market Cap
    24h Volume
    Circulating Supply
    5.08B
    Max Supply
    10B

    About Swell Governance Token

    • What Is Swell Network (SWELL) Crypto?

      Swell Network is a decentralized platform that lets you stake your Ethereum (ETH) and earn rewards without locking up your assets. When you stake ETH with Swell, you receive swETH tokens, which represent your staked ETH and can be used across various decentralized finance (DeFi) platforms. This means you can earn staking rewards while still having the flexibility to use your assets.


      Additionally, Swell offers restaking options through rswETH tokens, allowing you to maximize your returns by participating in multiple staking opportunities. The platform is governed by the Swell DAO, where SWELL token holders can vote on important decisions, ensuring community involvement in its development.

    • How Does Swell Network Work?

      Swell Network allows you to stake Ethereum (ETH) and earn rewards without locking up your assets. When you stake ETH with Swell, you receive swETH tokens, representing your staked ETH. These tokens can be used across various DeFi platforms, giving you flexibility while still earning staking rewards.

       

      Additionally, Swell offers restaking options through rswETH tokens. By restaking your swETH, you can maximize your returns by participating in multiple staking opportunities. The platform is governed by the Swell DAO, where SWELL token holders can vote on important decisions, ensuring community involvement in its development.

    • History of Swell Network and SWELL Coin

      Swell Network launched its mainnet on August 23, 2022. In March 2024, Swell announced plans to develop a Layer 2 rollup chain using the "restaked rollup" framework, with a mainnet launch expected in the second half of 2024.

       

      On November 7, 2024, Swell introduced its native governance token, SWELL, with a total supply of 10 billion tokens. 


      Swell's roadmap includes integrating with the Optimism Superchain as an Optimistic Rollup built on the OP Stack.

    • What Is SWELL Token Used for?

      The SWELL token serves multiple purposes within the Swell Network ecosystem:

       

      1. Governance: You can use SWELL to participate in the Swell DAO, influencing decisions like protocol upgrades and strategic partnerships.

       

      2. Restaking: By restaking SWELL, you receive rSWELL tokens, which help secure Swell's Layer 2 infrastructure and earn additional rewards.

       

      3. Trading: You can trade SWELL tokens on exchanges like KuCoin, allowing you to buy or sell them based on market conditions.

    • What Is Swell Network Tokenomics?

      The SWELL tokenomics are structured to support Swell Network's growth and decentralization:

       

      > Total Supply: 10 billion SWELL tokens.

       

      > Distribution:

      1. Community: 35% (3.5 billion tokens) for initiatives like airdrops and ecosystem incentives.

       

      2. Team: 25% (2.5 billion tokens) allocated to current and future contributors, with a 36-month vesting period and a 12-month cliff.

       

      3. Fundraising: 25% (2.5 billion tokens) for private investors, subject to a 30-month vesting schedule with a 12-month lock-up.

       

      4. Foundation: 15% (1.5 billion tokens) reserved for strategic initiatives, including product development and network expansion.

    FAQ

    • How much is 1 Swell Governance Token (SWELL) worth?

    • Is Swell Network (SWELL) a Good Investment?

    • What Is Swell Network Price Prediction?

    • How to Restake SWELL Tokens on Swell Network

    • What is the all-time high price of Swell Governance Token (SWELL)?

    • What is the all-time low price of Swell Governance Token (SWELL)?

    • How much Swell Governance Token (SWELL) is there in circulation?

    • How do I store Swell Governance Token (SWELL)?