Swell Network is preparing for its Token Generation Event (TGE), but the exact date is still unknown and is expected to happen in the coming weeks.

💡 Reason for Delay: Audits for rswETH withdrawals are taking longer than expected, prioritizing security.

As a token of appreciation for users' patience, Swell is increasing the airdrop allocation for the first season (The Voyage) from 7% to 8%. They will also implement mechanisms to further reward loyal long-term community members.

Swell will not reward Sybils (fake accounts used to manipulate airdrops).

#SwellNetwork #swell #airdrop #swellnetworkio #btc70k

**🌊Swell Network Update**: Ethereum liquidity staking protocol Swell Network achieves a Total Value Locked (TVL) of approximately $200 million since its April launch. Swell Network also announces plans for an airdrop in the first quarter of the upcoming year. 💰💧 #SwellNetwork #CryptoAirdrop

Swell Network has launched Restaked Swell Ether (rswETH), a native Liquid Restaking Token (LRT), allowing users to earn Pearls, Eigen Layer Points, and future restaking rewards while still participating in DeFi.

#rswETH #Swell #defi #EigenLayer #SwellNetwork

Lyra Finance has launched a new feature that allows holders of liquid restaking tokens (LRT) to earn extra income through automated strategies such as basis trade and covered calls.

This feature, called tokenized derivatives yield, has been partnered with Swell Network and Ether.Fi, liquid restaking protocols.

#lyrafinance #SwellNetwork #Ether.Fi #lyeETH #buythedip