Swell Governance Token (SWELL) is currently priced at $0.001199 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $641,315.78. Fully diluted valuation: $641,315.78. Circulating supply is 535,065,493.646 SWELL. Total supply is 535,065,493.646 SWELL.
Swell DAO, a Decentralized Autonomous Organisation, is on a mission to transform the landscape of liquid restaking. The DAO achieves this by promoting inclusivity and accessibility, thereby empowering a wider spectrum of participants in the DeFi sector. With the SWELL governance token, the DAO maintains the Swell protocol by conducting key decision-making processes such as setting fees, appointing delegates, managing proposals, deciding on Layer 2 upgrades, determining AVS inclusion, and managing incentives and grants. Service fees collected by the DAO are channelled towards research, development, and protocol enhancement.