On August 14th, Swell, the ETH 2.0 staking project, launched the Liquidity staking token ‘swBTC’. Users can deposit wBTC to earn swBTC rewards. wBTC is a token pegged 1:1 to BTC and can be used on the Ethereum network. It is expected that staking rewards will be distributed starting in mid-September. Before that, swBTC will receive triple Black Pearls plus Symbiotic points.
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Swell launches Liquidity to stake Token swBTC
On August 14th, Swell, the ETH 2.0 staking project, launched the Liquidity staking token ‘swBTC’. Users can deposit wBTC to earn swBTC rewards. wBTC is a token pegged 1:1 to BTC and can be used on the Ethereum network. It is expected that staking rewards will be distributed starting in mid-September. Before that, swBTC will receive triple Black Pearls plus Symbiotic points.