SWELL, a Liquidity Staking Protocol, Will Be Initially Listed on CoinW Exchange

CoinW,
the
world’s
pioneering cryptocurrency
trading
platform,
will
initially
list
SWELL,
a
cutting-edge
Ethereum
(ETH)
liquid
staking
protocol,
on
the
LSD
Zone.
For
all
CoinW
users,
the
SWELL/USDT
will
be
officially
available
for
trading
on
November
7th
2024,
at
10:00
(UTC).
To
celebrate
the
listing
of
SWELL,
we
are
launching
the
“
SWELL
bounty
program:
Register
&
Trade
&
Retweet”
event
with
a
reward
pool
of
10,000
USDT.

Swell
Network:
A
Revolutionary
Staking
Solution
for
ETH
Holders

Swell
Network
is
pioneering
ETH
liquid
staking
with
an
advanced
platform
that
serves
stakers,
node
operators,
and
the
broader
Ethereum
ecosystem.
Users
staking
ETH
on
Swell
receive
swETH
tokens,
which
not
only
represent
staked
ETH
but
also
yield
rewards
within
the
DeFi
space.
Swell’s
L2
Proof
of
Restake
mechanism
enhances
network
security,
liquidity,
and
asset
utilization,
establishing
it
as
a
compelling
choice
for
ETH
stakers.
Currently,
the
protocol
has
amassed
a
significant
on-chain
Total
Value
Locked
(TVL)
of
$1.28
billion,
underscoring
its
traction
and
potential
in
the
market.

Expanding
Utility
and
Decentralization
Through
Swell
DAO
and
SWELL
Tokenomics

Swell’s
governance
model
empowers
SWELL
token
holders
with
substantial
decision-making
capabilities
within
the
Swell
DAO.
Token
holders
can
participate
in
protocol
governance,
influencing
aspects
such
as
node
operator
management,
reward
distribution,
fee
adjustments,
and
treasury
allocations.
With
a
total
supply
of
10
billion
SWELL
tokens,
the
protocol
has
earmarked
8.5%
for
the
Voyage
airdrop,
rewarding
early
supporters
and
stakers.
As
Swell
Network
grows,
its
governance
structure
and
incentive
strategies
are
designed
to
foster
a
balanced
ecosystem
for
all
participants.

Swell’s
unique
features,
including
atomic
deposits
and
swNFTs
(staking
NFTs),
provide
an
efficient,
non-custodial
solution
for
ETH
stakers.
While
swETH/swNFT
offers
liquidity
and
re-staking
options,
it
also
brings
innovative
risk
factors
that
may
challenge
DeFi
integration.
Nevertheless,
Swell’s
transparent,
open-market
approach
creates
a
compelling
staking
alternative.

10,000
USDT
Limited-Time
Offer
for
CoinW
Community

To
celebrate
the
listing,
10,000
USDT
equivalent
SWELL
prize
pool
will
be
up
for
grabs
from
November
7th,
2024,
at
10:00
to
November
14th,
2024,
at
16:00
(UTC).
By
participating
in
events
such
as
registration,
trading,
and
community
events,
CoinW
users
have
the
opportunity
to
share
in
a
prize
pool
of
10,000
USDT.
 To
claim
your
rewards,
please
click here. 

About
CoinW

CoinW is
a
pioneering
crypto
trading
platform
that
prioritizes
security,
transparency,
and
user-centric
principles.
With
advanced
technology,
deep
liquidity,
and
a
wide
range
of
supported
cryptocurrencies,
the
company
has
amassed
a
broad
user
base
to
become
one
of
the
world’s
most
secure crypto
exchanges.
Committed
to
security,
transparency,
and
compliance,
the
CoinW
exchange
upholds
the
highest
regulatory
standards
and
actively
contributes
to
the
advancement
of
the
crypto
industry.
To
learn
more
about
CoinW,
you
can
visit
the
official website,
and
follow
CoinW’s Twitter
Account, Btok,
and Telegram
Group.

About
SWELL

Swell is
Ethereum’s
re-staking
yield
layer,
offering
liquid
staking
and
re-staking
primitives
for
DeFi,
along
with
the
first
vertically
integrated
Layer2
re-staking
rollup.