TechFlow news, October 29 — According to an official announcement, the restaking protocol Swell L2 declared on October 29 its migration to the Optimism Superchain, joining the ecosystem as an OP Stack-based Optimistic Rollup. Following this migration, Swell L2 will leverage its unique proof-of-restaking mechanism to provide yield and security support for the Superchain.
To comply with Superchain requirements, Swell L2 will adjust its design, including adopting ETH as the gas token for the rollup and donating a portion of sequencer revenue to the Optimism Collective. Prior to launch, Swell L2 had already achieved a total value locked (TVL) of $1 billion during its pre-launch phase.
Daniel Dizon, founder of Swell, stated that the Superchain currently hosts the most successful cases in DeFi, with four out of the top five chains utilizing Optimism's OP Stack. As part of this strategic shift, Swell will discontinue its use of Polygon CDK, while still expressing confidence in Polygon’s ongoing development of an aggregated ecosystem.
