According to Foresight News, Ethereum staking project Swell has launched a new liquidity re-staking token called swBTC. Users can deposit wBTC to receive swBTC and earn yields. wBTC is a token pegged 1:1 with Bitcoin (BTC) and can be used within the Ethereum network. The re-staking yields are expected to be distributed starting from mid-September. Until then, swBTC holders will receive triple Black Pearls along with Symbiotic points.
Ethereum Staking Project Swell Introduces Liquidity Re-Staking Token swBTC
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