By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.
Swell Network was looking to diversify staking across more operators and boost liquidity for its swETH token.
Solution
Swell’s Super swETH vault, which enabled users to deposit stETH that would be swapped into swETH.
As a reward for participating, users received 100% of Swell’s DAO commission and Pearls that would be redeemable for SWELL tokens at the end of the campaign.
Enzyme’s API made the display and distribution of accrued rewards simple.
Outcome
Pre-launch TVL
$
22M
Unique depositors
+
639
ETH staked
+
6K
USE CASE
Swell network
TVL generated pre-launch
$
21M
Rewards accrued
$
7,6KM
Unique depositors
675
Total ETH deposited
6K
ETH
Name
Job Title at Swell
Swell’s mission is to deliver the world's best liquid restaking experience, simplify access to DeFi, and secure the future of Ethereum.
Swell built TVL and LP pre-launch through collaboration with Enzyme, with a unique narrative offering swETH for early investors, and depositing stETH in their vault for up to an 18% yield – a tempting offer for many users. Swell launched in October 2023 with 15M$ / 6.5k ETH TVL.
Get started
Get in touch
Let us know how we can help accelerate your growth.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Talk to our specialists
Choose a department, and book a call with our expert team.
Enzyme is an on-chain asset management system that enables access to digital assets and DeFi from one simple, unified app. It provides a front-to-back execution and order management system, enabling automated reporting, risk management, administration, governance and operations.
Our team will contact you soon to talk about your message.
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Book a demo of the Enzyme platform
Enzyme is an on-chain asset management system that enables access to digital assets and DeFi from one simple, unified app. It provides a front-to-back execution and order management system, enabling automated reporting, risk management, administration, governance and operations.
.svg)
.svg)
.svg)
.svg)
