Dear WEEX Users,
WEEX will list Swell Network (SWELL) and open trading for SWELL/USDT Perpetual Futures. The detailed timeline is shown below:
- Trading Starts: 2024/11/07 10:05 (UTC)
- Trading Fee: 0% Maker & Taker Fee
- Promotion Period: Nov 07th – Nov 21st 2024 10:05 (UTC)
- Futures Trading Link: SWELL-USDT
[Swell Network (SWELL) Introduction]
Swell Network emerges as a decentralized, non-custodial liquid staking protocol, focusing on enhancing the user experience within the decentralized finance (DeFi) ecosystem. It operates with the primary goal of simplifying access to DeFi opportunities while maintaining the fundamental principles of decentralization and censorship resistance, particularly within the Ethereum blockchain.
The protocol enables users to stake their Ethereum and earn passive income through blockchain rewards. In exchange for staking their ETH, participants receive a yield-bearing liquid staking token (LST), which represents their staked assets plus earned rewards. This token can then be utilized within the broader DeFi landscape to generate additional yield, offering flexibility and liquidity that traditional staking methods do not.
Details about Swell network POR mechanism: Introducing Swell Network: A Deep Dive into Proof of Restake in DeFi
Details about Swell airdrop and How to buy SWELL-USDT :SWELL Airdrop Guide: Tokenomics Breakdown, Claiming & How to Buy SWELL-USDT
Additional Information
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