Swell launches Bitcoin liquidity re-pledge token swBTC
On August 14, according to official news, Swell launched the first Bitcoin liquidity re-pledge token swBTC in the Ethereum ecosystem to help Bitcoin holders earn income from EigenLayer and other re-pledge protocols Symbiotic and Karak. Users can deposit WBTC to obtain swBTC, and it is expected to generate income from mid-September. Re-staking WBTC can earn 3 times the black pearls and symbiotic points.
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