The Voyage is descending faster than ever towards Swell City! Let’s deep dive and discover what Swell has been up to this past fortnight!
Jun 19, 2023
Despite choppy waters in the digital asset market, the Voyage is descending faster than ever towards Swell City!
There are now more than 6,700 Voyagers and 25,000 ETH staked, which is over half way towards our 50k ETH community milestone. When this level is hit, the total size of the Voyage Airdrop will increase 40% – making everyone’s pearls more valuable!
In other news, Swell has been racing around the Twitter Space circuit, and adding more opportunities to earn yield on your swETH.
Let’s deep dive and discover what Swell has been up to this past fortnight!
🚢 Swell Voyage Minting Bonus
You can now earn pearls faster by minting swETH!
Until 22nd of June 2 am UTC, you can earn 20 pearls for every 1 swETH minted through the Swell app. Purchasing swETH on secondary markets such as Balancer, Maverick or Uniswap does not qualify for the 20 pearl minting bonus.
Please note: Looping swETH, defined as repeatedly staking then selling into our liquidity pools, will not be rewarded.
Swell Founder Daniel was recently interviewed by Jedi from Blocmates to discuss Swell’s plans to capture a share of the ETH liquid staking market. Plus our token generation event happening later this year.
Pendle has officially integrated swETH held in Aura, enabling LPers to provide swETH liquidity on Pendle and earn trading fees, Aura and Balancer rewards and the underlying swETH yield from staking ETH.