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

N/A
Approx. value
Ethereum
Blockchain

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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