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Airdrops

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Swell

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Swell

Points Farming: Jan 28, 2024-Unknown

Points

Liquid Staking

Verified

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Quick info

Current TVL

$ 313.5M

Networks

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Networks

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Ethereum

Funds raised

$ 3.5M

Investors

Maven 11 Capital +1

Investors

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Maven 11 Capital

Tier 2

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Framework Ventures

Tier 2

Pros

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Multiple top partners like EigenLayer, Balancer;

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Successful audits by Sigma Prime;

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Long period of protocol’s existence;

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Pearls are sellable at Whales Market.

Cons

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Absence of tier-1 investors;

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Few detailed information of Pearl farming;

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Limited time for newcomers.

How to Get the Swell Airdrop?

What is Swell?

Swell is a liquid staking and restaking protocol that issues swETH and rswETH respectively. The latter allows users to farm staking APR and as well as EigenLayer points that will be converted to $EIGEN token in the future. Additionally, Swell runs their own points campaign (Pearls) that aims to rewards rswETH users.

How to Get the Airdrop?

Unfortunately, the exact formula is not disclosed but people can just follow these suggestion to maximize the output.

  • Pearls accumulate by holding rswETH. The more tokens staked, the higher the likelihood of receiving the airdrop;
  • Participate in on-going social campaigns (currently, none is open but they might occur);
  • Bridge any asset to Swell L2 Network.
  • Provide rswETH as liquidity to lending protocols and DEXes

Last updated on 14.06.2024

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