Swell Announces Weekly Incentives For RswETH Holders

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Swell's weekly incentives for rswETH holders provide a passive income stream, encouraging long-term holding and boosting the value of the token.

According to BlockBeats, on October 2, Swell announced via a post on X that EigenLayer programmatic incentives will be distributed weekly to rswETH holders as bonus income. Users are not required to take any action. By utilizing their Aera vault to convert EIGEN into ETH and automatically compounding it into rswETH rewards, the process can be optimized to minimize slippage.

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