Today we’re excited to share that Forse will deliver comprehensive analytics and reporting services to support Swell’s Wavedrop rewards program, distributed via Merkl. By working within the Swell ecosystem, we aim to provide actionable insights and in‑depth impact analyses that enhance transparency, track incentive effectiveness, and showcase the value created along Swellchain’s growth trajectory.
Key Deliverables
📊 Forse Impact Terminal – a real‑time analytics hub spotlighting Wavedrop performance and overall ecosystem health
🔄 Wave‑to‑wave benchmarking – compare outcomes across Waves and partners to highlight the most effective strategies
📈 Incentive ROI dashboard – live TVL lift, user‑acquisition cost, and volume metrics that quantify return on spend
⚖️ Reward‑distribution equity – granular wallet‑tier breakdowns that surface concentration risks and whale dominance
💡 Actionable intelligence – clear, data‑driven recommendations for Swell’s core team and partners
Our Approach
Our custom‑built solution focuses on five core objectives:
Evaluate incentive efficiency across waves and partners – quantify cost‑per‑user, funding utilization, and incremental TVL.
Track user behavior, retention, and engagement patterns – classify participants and monitor their activity throughout the ecosystem.
Measure on‑chain ROI – monitor TVL impact, user‑acquisition cost, and transaction/volume activity to gauge economic performance.
Analyze distribution equity and reward concentration – ensure rewards are broadly distributed rather than dominated by large holders.
Enable cross‑wave comparative and post‑incentive insights – review each wave side‑by‑side and assess ecosystem health after incentives conclude.
What’s Next
We’ve kicked off terminal setup and refined analysis, with completion expected by June 2025. Over the coming weeks we’ll continue to share progress across our channels.
Stay Connected
• Follow us on X
• Visit our Website
About Swell
Swell provides restaking infrastructure for Ethereum‑compatible applications. Built as an Optimistic rollup within the Superchain and backed by partners such as RedStone Oracles, AltLayer, Symbiotic, and EigenLayer, Swell serves 167, 000 users across products like rswETH LRT, swBTC LRT, swETH LST, and earnETH Vault.
About Forse
Forse is a data‑analytics and business‑intelligence platform built by StableLab, the leading provider of governance solutions for decentralized protocols. We specialize in custom analytics terminals that empower on‑chain communities to make more accountable, transparent, and data‑driven decisions.
Share with your friends:
