Swell is a non-custodial liquid staking protocol aimed at providing the best liquid staking experience and simplifying DeFi access, all while supporting Ethereum's future. Users can stake ETH with Swell to earn blockchain rewards and receive a yield-bearing liquid staking token (LST), which can be used to gain additional yield across the DeFi ecosystem.
Swell has raised $3.8 million in funding from investors, including Framework Ventures and Mark Cuban. They are currently running the Voyage campaign, where they are airdropping 50,000,000 SWELL tokens to users who stake ETH. The campaign concludes on Tuesday, July 30, 2024.
July 30, 2024
End Date
Distribution Date
50,000,000 SWELL
Reward
How to join SWELL airdrop?
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Visit the Swell staking page.
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Connect your wallet.
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Now stake your ETH. You can get ETH from Binance.
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You will get Swell’s liquid staking token, swETH.
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Also, go to “Restake” and stake some ETH to get rswETH. rswETH is a tokenized version of Ether restaked on EigenLayer.
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Now, you will start earning PEARL points and EigenLayer points, which can be viewed in the Voyage section.
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For every swETH or rswETH minted, you will receive 30 Pearls.
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A snapshot of your Pearls will be taken at Block 20422895 (estimated to be validated around midnight UTC on Tuesday, 30th July 2024).
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Also, earn 10 Pearls for every swETH minted through your referral.
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50,000,000 SWELL tokens will be airdropped after the TGE based on the amount of PEARL points you hold.
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This will also mark the end of the Voyage campaign following which a new campaign called Swell City will begin.
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In Swell City, users can collect rewards as regularly as the waves roll in. Each Wave lasts for ten weeks, followed by a Wavedrop, at which point you can claim your SWELL.
