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News

Ethena Labs Partners with Swell L2 for Rapid Transactions!

April 24, 2024 - Around 2 mins mins to read

Key Points:

  • Pre-launch depositors earn Sats rewards and secure second season airdrop.
  • Airdrops from other Swell L2 projects amplify potential rewards.
  • Users sharing in 1 million EigenLayer points add value to USDe ecosystem.
Ethena Labs has announced the launch of the Synthetic Dollar (USDe) on the Swell L2 layer, marking a new era in decentralized finance (DeFi).
Ethena Labs Partners with Swell L2 for Rapid Transactions!

This integration brings forth a host of benefits for users, offering lucrative opportunities for early adopters.

During the Pre-Launch stage, users who deposit USDe will be eligible for enticing rewards. Among these rewards are Sats rewards, providing users with an additional incentive for participating in the platform. Additionally, depositors will secure a spot for the second season airdrop upon the official launch of the Swell L2 layer. This airdrop promises to be a valuable opportunity for users to expand their crypto portfolio.

Ethena Labs Unveils USDe on Swell L2 Layer

Ethena Labs Partners with Swell L2 for Rapid Transactions!

Participants can look forward to airdrops from other projects hosted on the Swell L2 layer, enhancing the potential for earning rewards and diversifying their holdings. This collaborative approach underscores the interconnected nature of the crypto ecosystem, fostering a sense of community and mutual benefit among users and projects alike.

In addition to these rewards, users who deposit USDe during the Pre-Launch stage will also have the chance to share in 1 million EigenLayer points. This innovative incentive adds an extra layer of value to the USDe ecosystem, incentivizing active participation and engagement from users.

The launch of USDe on the Swell L2 layer represents a significant milestone for Ethena Labs and the broader DeFi community. By providing users with access to a stable synthetic dollar on a high-performance layer-two solution, Ethena Labs aims to enhance the efficiency and accessibility of decentralized financial services.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Ethena Labs

Ethena Labs Partners

Swell L2

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Ethena Labs Partners with Swell L2 for Rapid Transactions!

Key Points:

  • Pre-launch depositors earn Sats rewards and secure second season airdrop.
  • Airdrops from other Swell L2 projects amplify potential rewards.
  • Users sharing in 1 million EigenLayer points add value to USDe ecosystem.
Ethena Labs has announced the launch of the Synthetic Dollar (USDe) on the Swell L2 layer, marking a new era in decentralized finance (DeFi).
Ethena Labs Partners with Swell L2 for Rapid Transactions!

This integration brings forth a host of benefits for users, offering lucrative opportunities for early adopters.

During the Pre-Launch stage, users who deposit USDe will be eligible for enticing rewards. Among these rewards are Sats rewards, providing users with an additional incentive for participating in the platform. Additionally, depositors will secure a spot for the second season airdrop upon the official launch of the Swell L2 layer. This airdrop promises to be a valuable opportunity for users to expand their crypto portfolio.

Ethena Labs Unveils USDe on Swell L2 Layer

Ethena Labs Partners with Swell L2 for Rapid Transactions!

Participants can look forward to airdrops from other projects hosted on the Swell L2 layer, enhancing the potential for earning rewards and diversifying their holdings. This collaborative approach underscores the interconnected nature of the crypto ecosystem, fostering a sense of community and mutual benefit among users and projects alike.

In addition to these rewards, users who deposit USDe during the Pre-Launch stage will also have the chance to share in 1 million EigenLayer points. This innovative incentive adds an extra layer of value to the USDe ecosystem, incentivizing active participation and engagement from users.

The launch of USDe on the Swell L2 layer represents a significant milestone for Ethena Labs and the broader DeFi community. By providing users with access to a stable synthetic dollar on a high-performance layer-two solution, Ethena Labs aims to enhance the efficiency and accessibility of decentralized financial services.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.