Welcome to the first edition of The Swell Times! This will be our community newsletter where you’ll find updates about the protocol, data & news about the Ethereum Merge, and more. Subscribe to stay up to date on everything Swell, the Ethereum Merge, and Liquid Staking! 🌊
Where We’re At and Where We’re Going
We want to thank everyone who has been supporting and following us thus far. If you just heard of us, Welcome! Here’s an intro article on the protocol to get you up to speed if you’re not already.
The core team at Swell Network, our advisors, and contributors have all been hard at work preparing the UI and smart contracts, adding team members, testing and auditing to bring you the next generation of liquid ETH staking. The immediate next step is ushering in the next generation of liquid staking before the merge through Swell’s various innovations in providing a better user experience for stakers and node operators, lowering the capital requirement for validators, and more. Our #1 goal is to provide a permissionless, non-custodial, and liquid ETH staking protocol that is built for stakers, node operators, and the Ethereum ecosystem.
There are many exciting events for Swell Network coming up, including the launch of our Beta Testnet and our Public Sale, keep reading for more details.
Staking 2.0 coming soon!
We’ve launched our beta testnet for Gitcoin round GR12 and GR13 contributors! In the following weeks, our beta testers will test the product and provide feedback in order to fine tune the dApp in time for our mainnet launch. If you contributed to either of the Gitcoin rounds, join the Discord for instructions on how to participate in the testnet.
If you missed the Gitcoin rounds and still want to participate in the testnet, don’t worry! There will be more opportunities to become a beta tester in the near future. Join our Discord and follow our Twitter to get ongoing updates as we launch!
Last month, we shared the exciting news of our successful seed round that engaged numerous experienced backers in the Ethereum industry committed to contribute to the long-term success of Swell Network and the Ethereum network as a whole.
We deliberately spread the seed round across various entities to ensure maximized decentralization. However, we are, and will continue to be, a community-first project. An underlying fundamental philosophy for Swell Network is decentralization and this can only be achieved through a widespread distribution of the governance token.
Therefore, we are proud to announce that we will be distributing governance through copperlaunch.com via their Liquidity Bootstrapping Pool (LBP) mechanism. More details on exact dates and how to participate coming soon.
To take part in the token launch, you’ll need to have ETH on the Ethereum blockchain. It only takes a few steps to get your funds ready, but you’ll want to prepare them as soon as possible since withdrawals from centralized exchanges can take time to process. Stay tuned for more details on this in the following weeks, including the exact timeframe, instructions on how to participate, and more. If you’d like a preview of the Copper experience and how to participate in a Copper Fair Token Launch, check out this video.
How to Get Involved
Have questions, feedback, or want to contribute? Join the DAO!
Happy Staking! 🌊