- Total value: 50,000,000 SWELL
- Platform: ETH
Swell aims to provide the best liquid staking experience and simplify DeFi access while securing Ethereum’s future. With Swell, you can earn passive income by staking ETH to receive blockchain rewards and a liquid staking token (LST) that provides a yield. This token can also be used in DeFi to earn additional yield.
Swell has been funded by Framework Ventures and Mark Cuban and raised a total of $3.8M. They’re now running a Voyage campaign and rewarding 50,000,000 SWELL tokens to users who stake ETH.
How to get started:
- Go to the Swell staking page.
- Begin by connecting your wallet.
- Once connected, stake your ETH by obtaining it from Binance.
- Upon staking, you will receive Swell’s swETH liquid staking token.
- An accumulation of PEARL points will begin, which can be monitored in the Voyage section.
- To further increase PEARL points, provide liquidity to the swETH pools on the protocols listed in the Voyage section.
- After the TGE, an airdrop of 50,000,000 SWELL tokens will be issued based on the number of PEARL points held.
- For additional information on the airdrop, please refer to this article.
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