PANews reported on October 30, according to The Block, that the liquidity re-staking protocol Swell announced it will join the Optimism superchain ecosystem by launching Optimism Rollup on the OP Stack. Swell had previously planned a Layer 2 chain using Polygon's chain development kit. The project stated, 'As part of this strategic transformation, Swell will abandon the Polygon CDK but continues to believe in the aggregated ecosystem being built by Polygon.'
As part of the collaboration with OP Labs, this project will join the Layer 2 Rollup superchain ecosystem alongside Coinbase's Base, Kraken's Ink, Zora, Mode, SNAXchain, and others. Layer 2 is currently under development and is expected to launch a test network soon. Swell's OP chain will use ETH as the gas token, instead of the previously designed rswETH. The project will allocate a portion of the sequencer revenue to the Optimism Collective, in line with the plans for all chains in the superchain ecosystem.
