ChainCatcher message, according to official news, Swell has announced that the restaked chain Swellchain is now online, with the goal of building a scalable and decentralized rollup, and protecting the infrastructure through restaking.

In addition, 31,250,000 SWELL will be allocated to all owners who bridged and held assets on Swellchain in the first two weeks. Users must complete the bridging by December 31 at 12:00 PM (UTC) to receive their share.