$SWELL should be an OFT


I understand that there will eventually be a token launched for Swell DAO known as $SWELL. I am suggesting that this token should be launched as an Omnichain Fungible Token (OFT). This is a newer token ERC20 token standard developed by Layer Zero that allows tokens to be bridged to other chains without diluting the supply. This could possibly allow the DAO to and Swell as a whole to eventually support liquid staking tokens on other networks.

Please let me know what you think!

  • Shady
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