Difference between revisions of "Swivel Finance (SWIV)"

Latest revision as of 04:47, 14 March 2022

From the Swivel blog (10-12-2020):

"The decentralized protocol for fixed-rate lending and interest-rate derivatives."

Basics

Based in:
Started in / Announced on:
Mainnet release: 11-2-2022

History

FKA DefiHedge.
From their blog (10-12-2020):

"Since ETHDenver 2020 we have been building out Swivel. We left ETHDenver with a ton of initial momentum, finished our basic on-chain proof-of-concept and, with some potential investor encouragement, then began working full time on Swivel.

Coming off that push and looking for an opportunity to legitimize the project, we then joined Gitcoin’s Kernel Fellowship Genesis cohort, an experience that has been integral to getting where we are today. Kernel of course accelerated our development, but more importantly introduced us to a community of developers and thought leaders that have been invaluable. Between contributions to our liquidity incentive design from Status’ Andy Tudhope and continuous input from Kernel mentor and now Swivel contibutor Thomas Klocanas, we came out of Kernel with a novel protocol design and the guidance we needed. Further, thanks in part to the investor platform Kernel provided, we were able to come out of demo day with the support of our earliest investors, Imran Khan and Qiao Wang."

Audits & Exploits

Bug bounty program can be found [insert here].

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Went live with retroactive distribution on 11-3-2022.

Token allocation

Utility

Governance (11-3-2022).

Token Details

Stablecoin

Technology

Whitepaper can be found [insert here].
Code can be viewed [insert here].
Built on: Ethereum

How it works

Fees

Upgrades

Staking

Liquidity Mining

Scaling

Different Implementations

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

Can be found [Insert link here].

From their blog (10-12-2020):

"For our initial release, Swivel v1 will facilitate trustless interest-rate swaps, allowing cautious lenders to lock in a guaranteed yield, and speculators to leverage their rate exposure, placing Swivel in a unique spot within the market."

Usage

From their twitter (11-3-2022):

"The Swivel Exchange has traded nearly $150,000,000 since our launch 28 days ago... With ~$7.5m a day in volume."

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partners

Team

Full team can be found [here].
William Hsieh; co-founder
Julian Traversa; co-founder
In the announcement (10-12-2020) of the seed round they said they had been: "a small team of two working with the constraints of a minimal self-funded budget."

Funding

In their blog they write: "our earliest investors [were], Imran Khan and Qiao Wang."
From Paradigm (12-2020):

"Swivel Finance closed a 1.15M seed round led by Multicoin Capital and included Electric Capital, CMS Holdings, Divergence Ventures and Defiance Capital as well as influential angels including Stani Kulechov, CEO of Aave, Alex Pack, Huobi Advisor, and Imran Khan of DeFi Alliance." Others include Qiao Wang and Ash Egan.

Partners

@@ Line 1: / Line 1: @@
-== Basics ==
+*From the Swivel [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round blog] (10-12-2020):
-* Started in / Announced on:
+''"The [[decentralized]] protocol for fixed-rate lending and interest-rate [[derivatives]]."''
-* [[Mainnet]] release:
+==Basics ==
 * Based in:
-* From their [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round blog] (10-12-2020):
+*Started in / Announced on:
-''"The [[decentralized]] protocol for fixed-rate lending and interest-rate [[derivatives]]."''
+* [[Mainnet]] release: [https://twitter.com/swivelfinance/status/1491923939148410882?s=21 11-2-2022]
 == History ==
-* [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round FKA] DefiHedge.
+* [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round FKA] [[DefiHedge]].
 * From their [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round blog] (10-12-2020):
 "''Since [[ETHDenver]] 2020 we have been building out [https://swivel.finance/ Swivel]. We left ETHDenver with a ton of initial momentum, finished our basic [[on-chain]] proof-of-concept and, with some potential investor encouragement, then began working full time on Swivel.''
-''Coming off that push and looking for an opportunity to legitimize the project, we then joined [[Gitcoin]]’s Kernel Fellowship Genesis cohort, an experience that has been integral to getting where we are today. Kernel of course accelerated our development, but more importantly introduced us to a community of developers and thought leaders that have been invaluable. Between contributions to our [[liquidity]] incentive design from [[Status (SNT)|Status]]<nowiki/>’ [[Andy Tudhope]] and continuous input from Kernel mentor and now Swivel contibutor [[Thomas Klocanas]], we came out of Kernel with a novel protocol design and the guidance we needed. Further, thanks in part to the investor platform Kernel provided, we were able to come out of demo day with the support of our earliest investors, [[Imran Khan]] and [[Qiao Wang]]."''
+''Coming off that push and looking for an opportunity to legitimize the project, we then joined [[Gitcoin]]’s Kernel Fellowship [[Genesis]] cohort, an experience that has been [[integral]] to getting where we are today. Kernel of course accelerated our development, but more importantly introduced us to a community of developers and thought leaders that have been invaluable. Between contributions to our [[liquidity]] incentive design from [[Status (SNT)|Status]]’ [[Andy Tudhope]] and continuous input from Kernel mentor and now Swivel contibutor [[Thomas Klocanas]], we came out of Kernel with a novel protocol design and the guidance we needed. Further, thanks in part to the investor platform Kernel provided, we were able to come out of demo day with the support of our earliest investors, [[Imran Khan]] and [[Qiao Wang]]."''
+== Audits & Exploits ==
+* [[Bug bounty]] program can be found [insert here].
+=== Bugs/Exploits ===
+== Governance ==
+=== Admin Keys ===
+=== DAO ===
+=== Treasury ===
 == Token ==
 === Launch ===
+* Went [https://twitter.com/swivelfinance/status/1502014074489835520?s=21 live] with retroactive distribution on 11-3-2022.
 === Token allocation ===
 === Utility ===
+* [[Governance]] ([https://twitter.com/swivelfinance/status/1502014074489835520?s=21 11-3-2022]).
 === Token Details ===
 === Stablecoin ===
@@ Line 23: / Line 37: @@
 * Code can be viewed [insert here].
 * Built on: [[Ethereum]]
-* Programming language used:
-=== Transaction Details ===
-* Capacity ([[TPS]]):
-* [[Latency]]:
 === How it works ===
-=== Mining ===
+=== Fees ===
+=== Upgrades ===
 === Staking ===
 === Liquidity Mining ===
-=== Layer Two ===
+=== Scaling ===
 === Different Implementations ===
 === Interoperability ===
 === Other Details ===
-== Privacy Method being used ==
+== Oracle Method ==
+== Privacy Method ==
 === Compliance ===
-== Oracle Method being used ==
 == Their Other Projects ==
-=== DEX ===
-== Governance ==
-=== DAO ===
-=== Treasury ===
-== Upgrades ==
 == Roadmap ==
-* Can be found [Insert link here].
+* Can be found [Insert [[LINK|link]] here].
 * From their [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round blog] (10-12-2020):
-"''For our initial release, Swivel v1 will facilitate trustless interest-rate swaps, allowing cautious lenders to lock in a guaranteed yield, and speculators to leverage their rate exposure, placing Swivel in a unique spot within the market."''
+"''For our initial release, Swivel v1 will facilitate [[trustless]] interest-rate [[swaps]], allowing cautious lenders to lock in a guaranteed yield, and speculators to leverage their rate exposure, placing Swivel in a unique spot within the market."''
+== Usage ==
+* From their [https://twitter.com/swivelfinance/status/1502014074489835520?s=21 twitter] (11-3-2022):
+''"The Swivel Exchange has traded nearly $150,000,000 since our launch 28 days ago... With ~$7.5m a day in volume."''
-== Audits ==
-* [[Bug bounty]] program can be found [insert here].
-=== Bugs/Hacks ===
-== Usage ==
 === Projects that use or built on it ===
 == Competition ==
-== Coin Distribution ==
 == Pros and Cons ==
 === Pros ===
 === Cons ===
-== Team, Funding, Partnerships, etc. ==
+== Team, Funding, Partners ==
 === Team ===
 * Full team can be found [here].
 * William Hsieh; co-founder
 * Julian Traversa; co-founder
-* In the [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round announcement] (10-12-2020) of the seed round they said they had been: ''"a small team of two working with the constraints of a minimal self-funded budget."''
+* In the [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round announcement] (10-12-2020) of the [[seed]] round they said they had been: ''"a small team of two working with the constraints of a minimal self-funded budget."''
 === Funding ===
 * In their [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round blog] they write: ''"our'' ''earliest investors [were], [[Imran Khan]] and [[Qiao Wang]]."''
 * [https://medium.com/paradigm-fund/defi-in-ether-compound-revealed-compound-chain-aave-v2-governance-is-live-melon-rebrands-to-4bf70165245c From] [[Paradigm]] (12-2020):
-"<em>Swivel Finance closed a [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round 1.15M seed round] led by [[Multicoin Capital]] and included [[Electric Capital]], [[CMS Holdings]], [[Divergence Ventures]] and [[Defiance Capital]] as well as influential angels including [[Stani Kulechov]], CEO of Aave, [[Alex Pack]], [[Huobi]] Advisor, and Imran Khan of [[DeFi Alliance]]." </em>Others include Qiao Wang and [[Ash Egan]].
+"<em>Swivel Finance closed a [https://swivel.substack.com/p/swivel-finance-closes-115m-seed-round 1.15M seed round] led by [[Multicoin Capital]] and included [[Electric Capital]], [[CMS Holdings]], [[Divergence Ventures]] and [[Defiance Capital]] as well as influential angels including [[Stani Kulechov]], CEO of [[AAVE|Aave]], [[Alex Pack]], [[Huobi]] Advisor, and Imran Khan of [[DeFi Alliance]]." </em>Others include Qiao Wang and [[Ash Egan]].
 === Partners ===
 [[Category:Coins/Tokens]]