Swell will build a Layer 2 rollup chain and launch a governance token

2024-03-13 20:15:17

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ChainCatcher news, the liquidity re-staking platform Swell Network has announced the launch of a Layer 2 rollup chain. Swell's rollup will adopt the "restaked rollup" approach, utilizing the Polygon Chain Development Kit (CDK) and supported by AltLayer. The mainnet is scheduled to go live in the second half of this year. The designated Gas token for the network will be rswETH, and the upcoming token from Swell will be used for governance.

The network's restaked rollup structure will include an Active Verification Service (AVS), which is a dedicated service built on top of EigenLayer, facilitating decentralized ordering and validation through EigenLayer's re-staking mechanism. Additionally, the network will integrate EigenDA to meet its data availability requirements.

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Swell Network Layer 2 rollup

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