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Swell: Since the launch of swBTC this week, the platform has deposited approximately 13.6 million dollars in WBTC

2024-08-18 15:30:35

ChainCatcher news, Ethereum staking project Swell announced on X that since the launch of swBTC this week, the platform has deposited over $13 million in WBTC (currently about $13.6 million), with liquidity on Curve Finance reaching $3 million. Additionally, lending integration is coming soon.

Previously, Swell announced the launch of the liquidity re-staking token "swBTC" on social media. It is reported that users can deposit wBTC to earn swBTC, which is a token pegged 1:1 with BTC and can be used on the Ethereum network. The re-staking rewards are expected to be distributed starting in mid-September.

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