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.
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