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Swell x Eigenlayer

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In June 2023, the Swell Airdrop Voyage presented an exciting opportunity to become part of the Swell DAO, heralding a significant milestone in its journey. Building on this momentum, Swell has now stepped into the liquid restaking arena by integrating $swETH into Eigenlayer, the leading liquid restaking protocol, and unveiling the upcoming Restaked Swell ETH (rswETH).

Following this development, users can now engage in a multifaceted reward system by restaking their swETH on EigenLayer to earn an extra 30 Pearls plus EigenLayer Points. However, this opportunity is time-limited, set to conclude once EigenLayer reaches cumulative 500k ETH.

About Swell

Swell is a cutting-edge liquid staking protocol, developed by Swell Labs, designed to enhance DeFi access. Users staking ETH receive $swETH, a yield-bearing token, which allows them to contribute to Ethereum‘s blockchain stability while earning rewards.

At its core, Swell is governed by the Swell DAO, a decentralized autonomous organization representing $SWELL token holders. This governance model promotes transparency and ensures that community-driven decisions shape the protocol’s direction.

Swell x Eigenlayer

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Step by step guide Swell x Eigenlayer Airdrop

  1. Visit the Swell Airdrop dashboard and connect your wallet to become a Voyager.

  2. Stake $ETH to start earning a bonus of 30 Pearls per $swETH . There is no minimum amount required (Video Tutorial + FAQ).

  3. Restake your minted $swETH with EigenLayer to earn an additional bonus of 30 Pearls plus EigenLayer PointsKeep in mind, withdrawing your unstaked assets from EigenLayer entails a 7-day waiting period.

  4. Invite friends to stake with Swell and earn 10 extra Pearls for every swETH minted.

▪️ Pearls will be redeemable for $SWELL at the TGE, scheduled for later Q1 2024. Best wishes!

* Join the Swell Discord server and follow @SwellNetworkio on Twitter for regular updates.

 

** When using ÐApps, remember that your digital assets’ security is solely your responsibility!

** Stay tuned with @AirdropAlertcom ? the original and first-ever Airdrop platform globally, consistently offering premier Airdrop opportunities since 2017 with love ❤️ and dedication.

 

Disclaimer: This content is not intended to be financial advice. Investors should take the time to research any given product before depositing or investing their funds. 

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Disclaimer: All content & airdrop guides are for educational and informational purposes only. It is not financial advice or endorsement for the projects and airdrops. Conduct thorough research before making any deposits or investment decisions (Do Your Own Research). Farming airdrops comes with a set of risks, so make sure your knowledge about online security is up to date.

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