Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
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Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
[ The Rise of 👀 a Huge Ecosystem ]
Since the launch of the ETH Beacon Chain in 2020, ETH holders can become a node validator on the Beacon Chain by staking 32 ETH and receive additional ETH rewards, ETH Staking has begun, and by staking 32 ETH become a node validator on the Beacon Chain, and Staking is equivalent to missing the opportunity to trade ETH
As a result, Liquid Staking Derivatives appeared, which allows ETH holders to obtain staking rewards while using their ETH according to their personal wishes to increase returns and earn multiple returns, and the token that proves to stakers that they have staked this amount is LSD, which is equivalent to a stand-in for the pledged Token
Swell, on the other hand, will exchange the ETH staked into swETH for swETH for you, and then take it into the staking pool to get the annualized interest rate and their (later) tokens
Compared with traditional finance, a fund can only participate in one wealth management project and the annualized rate is greater than that of fixed deposits, which is a very innovative ecology, providing users with asset liquidity so that they can continue to use it on other platforms
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#加密货币# #币圈# #LSD# #SWELL#