Repledge Platform Swell: Swellchain Officially Launched
The liquidity re-pledging platform Swell officially announced that the Optimistic Rollup Swellchain, based on the Optimism OP Stack, has officially launched. As a chain centered around re-pledged assets, it is built on the "Proof of Restake" mechanism and supported by Ethena Labs, EigenLayer and others. Users can share 31,250,000 $SWELL rewards by cross-chaining and holding assets before December 31st while exploring upcoming dApps like Euler Finance and Ambient Finance. Swellchain also builds an ecosystem around stablecoins $USDe and $sUSDe to provide liquidity rewards for DeFi users.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Franklin Templeton seeks US SEC approval to launch new cryptocurrency index ETF
The Bitcoin investment bill in Utah, USA has been passed by the House of Representatives
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)