SWELL Airdrop Claims Start Today!

Bittime - Prepare yourself aThe long-awaited SWELL airdrop has now begun! 

Starting today, November 7 at 9 am UTC, eligible Swell Network users can claim their share of SWELL tokens, the native governance token of the Swell DAO. 

This airdrop marks an important milestone for the Swell ecosystem, empowering the community and driving the future of liquid staking.

SWELL Airdrop Claims Start Today

Starting at 9am UTC, Voyagers (Swell protocol participants) can connect their wallets to check eligibility and claim their SWELL tokens. 

The first listing on a centralized exchange (CEX) for SWELL will be available an hour later, adding new liquidity for users who want to directly transact with the token. 

However, the claim window is open for six months, giving users enough time to redeem their tokens. 

SWELL tokens unclaimed after this period will be returned to the Swell DAO to support future initiatives.

Also read: This is SWELL's Airdrop Allocation for the Voyage Campaign

What is SWELL Airdrop?

The SWELL airdrop is the distribution of SWELL tokens to eligible members of the Swell Network community. SWELL is the core token of the Swell ecosystem, supporting governance, security and the development of innovative liquid staking solutions.

This airdrop allocates a portion of SWELL tokens to Voyagers, with a distribution structure that prioritizes loyal contributors. 

Swell DAO aims to build a fair, safe, and thriving community, while supporting Ethereum and Bitcoin users through staking and restaking solutions.

SWELL Airdrop Criteria

To qualify for the SWELL airdrop, users must meet certain criteria, primarily based on their participation in Swell Voyage. These include:

White Pearl Accumulation

Users who have accumulated White Pearls through various activities on the Swell Network will receive a proportional share of the SWELL airdrop.

Loyalty Bonus

Early and consistent participants will be rewarded with a Loyalty Bonus, increasing their SWELL allocation.

Anti-Sybil Measures

To ensure fair distribution, measures have been implemented to identify and mitigate sybil attacks, where individuals create multiple identities to trick the system.

Conclusion

The SWELL airdrop is a testament to the growth of the Swell community and the potential of liquid staking. 

With the claim window open, Voyagers have the opportunity to secure their SWELL tokens and become active contributors in the Swell ecosystem, ensuring its growth and resilience in the world of decentralized finance.

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