🌊 Swell Network Weekly Recap 🌊
I asked ChatGPT to help me write the title post:
“As the weather cools down and Swell’s TGE draws near, @swellnetworkio is dropping new DeFi treats—no tricks, just a whale of a time!”
I'll just do it myself next time... 🤦
Let's dive in 🤿
2) Swell introduces earnETH.
earnETH is Swell’s Ecosystem Earn vault built on Nucleus, delivering the best yield from DeFi and Swell L2.
Deposit one of the supported LSTs, and you automatically earn both maximum risk-adjusted DeFi yield and points.
x.com/swellnetworkio/status/1846830873678959065
3) Access the earnETH vault here.
x.com/swellnetworkio/status/1849010808719863921
4) Swell introduces Proof of Restake (PoR).
PoR creates a vertically aligned and secure ecosystem, staked assets are efficiently reused across multiple layers and chains – boosting security, deepening liquidity, and rewarding participants.
x.com/swellnetworkio/status/1846748860162687008
5) Read more about how Proof of Restake maximizes capital efficiency and sets a beneficial flywheel in motion at the link above, or via @Kairos_Res's post here.
x.com/Kairos_Res/status/1849207327997485377
6) Check how much $SWELL you will be able to claim here.
x.com/swellnetworkio/status/1844202607226782048
7) What's $SWELL and what does it do?
You must have missed my last recap. Read more here.
x.com/TheBenMeadows/status/1843867855366029377
8) TGE Update (from Discord - Oct 13th):
A small but significant proportion (estimated 3.5%) of the airdrop has been allocated to those identified as Sybils, and we are now ensuring that any false positives are removed before this can be redistributed to genuine users.
9) Want to help promote Swell (like me)? Apply here.
x.com/swellnetworkio/status/1849352660140654727
10) As always, thanks for reading. See you again soon!
Disclaimers: None of this is financial advice. Always do your own research. Crypto is risky - you could lose what you put in. I am a member of Swell's Community Council.
11) If you missed it, here is my last recap.
x.com/TheBenMeadows/status/1843867691914060006