Swell DAO has now appointed the first set of Ecosystem Council members.
This elite group has been selected by the DAO for having deep knowledge of DeFi, and the ability to drive utility and ubiquity for swETH. Each member hails from a different background and brings their own unique perspective to the Council.
Disclaimer: Swell is not responsible for any losses that may arise due to impermanent loss and smart contract errors or exploits when deploying tokens to third-party DeFi protocols.
🔥 swNFT burn
Swell has now burnt the swNFTs that represented ETH staked in the 2022 Guarded Launch. swNFT holders will now be airdropped 1 swETH for each 1 ETH staked in the Guarded Launch. The value of the swETH includes all accrued staking rewards.