Swell Activates L2 Devnet
The Devnet is a permissionless network for testing the core functionality of Swell L2.
Following months of research and development, we have successfully launched the Swell L2 Devnet!
The Devnet is a permissionless network for testing the core functionality of Swell L2, and provides a secure sandbox environment for the initial growth of Swell's DeFi ecosystem.
Please note that the Devnet is not incentivized.
Calling all builders
The first wave of Swell L2 builders are now invited to deploy their dApps on the Devnet for the purposes of testing, identifying potential issues, and fine-tuning the Swell L2 experience without impacting real users or assets.
In addition, the Devnet provides an opportunity for developers to influence the L2 roadmap and forge relationships with other genesis projects in the fledgling ecosystem.
Why Swell L2?
Swell L2 — the restaking yield layer — will be the hub for restaked assets on the Optimism Superchain. The network is built on the OP Stack and powered by a unique Proof of Restake (PoR) incentive mechanism.
Proof of Restake uses liquid restaked assets to secure the infrastructure providing key infrastructure and services, which in turn secure the chain. This maximizes the capital efficiency of staked assets, and sets a unique flywheel in motion to drive growth, liquidity, and the creation of a unique DeFi ecosystem.
What’s next?
The Devnet launch represents the first concrete step towards realizing the vision of Swell L2.
Next up, the Swell L2 mainnet will introduce real assets and app deployments.
If you’re interested in deploying on Swell L2, please reach out to us .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
How Long Will Bitcoin Price Continue to Climb? Analytics Company Gives Date from Price Model
Cryptocurrency analysis company Alphractal has predicted how high the Bitcoin price will continue to grow.
Prominent Analyst Responds to “Dogecoin Can’t Go Any Higher” Rumors – Sets Price Target
Cryptocurrency analyst Ali Martinez evaluated the Dogecoin price in his statement and gave a price target.
What to Expect in the Cryptocurrency Market in the New Week? Analysis Company Commented
The cryptocurrency analytics company has shared an analysis explaining its outlook for the new week. Here are all the details.
Watch Out: 25 Altcoins Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour List
The cryptocurrency market is preparing for a large amount of token unlocking in many altcoins in the new week. Here is the full list.