Swellchain Wave 4: Euler

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Swell Network Blog2025/01/30 00:34

By:Written by Swell

Get a share of 25,000,000 SWELL for using Euler and other dApps on Swellchain in the next two weeks.

OG lending protocol Euler has arrived on Swellchain, riding another Wave of rewards!

Get a share of 25,000,000 SWELL for using Euler and other apps on Swellchain in the next two weeks.

In addition, you can still earn SWELL for holding certain LRTs, along with Swell and tokens from Tempest and Neptune Finance for using the corresponding apps on Swellchain.

What is Euler?

Euler is a permissionless money market protocol that allows users to lend and borrow almost any crypto asset.

The deployment of Euler on Swellchain enables restakers to lend, borrow, and use leverage to easily multiply restaking yield.

Rewards

Earn SWELL rewards by:

Supplying WETH liquidity to the Euler V2 vault
Depositing rswETH as collateral

‍Check yields on the Portfolio page: app.swellnetwork.io/earn/portfolio ‍

Got questions?

Ask the team in the Swell Discord server .

‍

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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European Central Bank President Christine Lagarde said bitcoin is not an option as a reserve asset for the Eurozone’s central bank reserves, citing liquidity, security and regulatory concerns.Meanwhile, the Czech National Bank approved a proposal from Governor Aleš Michl to assess diversifying some of its country’s reserves into bitcoin.

The Block•2025/01/30 21:34

'Inevitable collapse': Trump’s crypto push sparks concern at Paul Singer's Elliott Management: FT

The hedge fund said in a new investor letter that the “inevitable collapse” of the crypto bubble “could wreak havoc,” according to the Financial Times.Elliott’s Paul Singer has never been a fan of crypto, telling WSJ in 2023 that cryptocurrencies are “completely lacking in any value.”

The Block•2025/01/30 21:34