News list for " Swelling"
On January 11, re-staking platform Swell announced that the Wavedrop 2 Checker has been launched, and users can now check the rewards they can claim in Wavedrop 2. Swell also said that claims are expected to open on January 22, and Wavedrop 1 claims will also be reopened on Swellchain at the same time. Currently, migration from the mainnet has been suspended for convenience.
According to hypurrscan data, Swell (SWELL) sold for $420,000 in the Hyperliquid auction, higher than the previous RIFT price of $385,300.
Ethena Labs announced in a post on the X platform that USDe and sUSDe have been launched on Swell. It is reported that Swell has invested a large part of the full chain incentive into Ethena assets and promised to use most of the sequencer profits to accumulate the liquidity owned by the sUSDe protocol.
Swell released a Wavedrops update, revealing that 125 million Swell tokens will be placed in Wavedrop 3 and there will be no more points. Only the tokens will flow into the user's wallet through a new reward mechanism, replacing Black Pearls and Ecosystem Points. These points will stop accumulating from December 17th, and Wavedrop earnings will be tracked on the chain as wSWELL. As with Wavedrops 1 and 2, wSWELL will be obtained by holding Swell assets or using an approved DeFi protocol. At the ...
The Ethereum staking project Swell released a post saying that SWELL collection is open, and receiving airdrop rSWELL can earn Black Pearls (10x) and symbiotic points, and depositing Swell L2 pre-release can earn ecosystem points faster than other assets (15x).
Swell Network, a re-pledge agreement, announced that SWELL claims will open at 17:00 on November 7th and announced the economic model of SWELL tokens. The total supply of SWELL is 10 billion, with an initial circulating supply of 13%. 35% of SWELL is allocated to the community: 8.5% of the supply is allocated to Voyage airdrops, 7% of the total supply will be distributed linearly based on the white pearls accumulated by each Voyager, and another 1.5% will be distributed to the most loyal stakeho...
Swell Network, a re-pledge agreement, announced that the SWELL Airdrop application page is now live and will open on November 7.
According to official news, the restaking protocol Swell L2 announced on October 29th that it will migrate to Optimism Superchain, joining the ecosystem as an Optimistic Rollup built on OP Stack. After this migration, Swell L2 will provide restaking benefits and security support to Superchain through its unique restaking proof mechanism. In order to adapt to the requirements of the hyperchain, Swell L2 will make adjustments to its design, including adopting ETH as the gas token for rollup and do...
