Swell Launches Liquidity Repledging Token swBTC
Swell, an ethereum pledging project, has launched a liquidity repledging token called “swBTC”, which allows users to deposit wBTC in order to receive swBTC to generate revenue. wBTC is a 1:1 pegged token to BTC, which can be used on the ethereum network, and it is expected that the repledging proceeds will be paid out from mid-September onwards, and before that swBTC will be awarded with 3x Black Pearls plus Symbiotic Points.
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