Swell Airdrop News: Boost Your ETH Yield with Weekly $EIGEN Drops

Swell Airdrop Update: Maximize Your ETH Yield with Weekly $EIGEN Drops

EigenLayer has launched a “Swell airdrop-like” initiative that brings weekly auto-compounded rewards to $rswETH stakers on Swell Network, boosting ETH yields with minimal effort. 

Swell Network Airdrop Update

Exciting news for Swell Network users! EigenLayer has rolled out a unique Programmatic Incentives program, offering rewards that work similarly to an airdrop for anyone holding or restaking $rswETH—Swell Network’s staked ETH token.

How the Swell Airdrop-style program works

Each week, $rswETH holders receive $EIGEN tokens directly into their staking accounts. The rewards are then converted into $ETH and auto-compounded back into $rswETH holdings, growing user yields steadily and eliminating the need for manual action. 

Unlike traditional airdrops that distribute tokens into users’ wallets, Swell’s integration with Aerafinance optimizes the process by reinvesting rewards immediately, so users can maximize gains from the swell coin in a “set it and forget it” manner.

First Wave Of Swell Network Airdrop

The first wave of this Swell Network airdrop-style incentive began in October, with over 21,000 $EIGEN tokens already distributed and reinvested for eligible users between October 15 and 22. 

This approach not only allows Swell Network to boost staking rewards but also ensures holders can benefit from steady, growing yields in a streamlined, automated process. 

This initiative is particularly beneficial for users who stake on the Swell Network platform, creating ongoing rewards as long as users continue to restake their $ETH.

This program also enhances the utility of Swell’s staking framework. Users can expect regular rewards without needing to monitor claim dates, join the Swell airdrop Telegram channel, or worry about Swell pre-market Launch conditions. 

Swell Network’s integration with EigenLayer is designed to provide consistent rewards, delivering benefits that would typically require active participation or tracking in traditional airdrops.

In short, this program gives the Swell staking community a continuous yield boost through EigenLayer’s innovative incentive structure. Swell Network’s $rswETH holders are well-positioned to enjoy steady, auto-compounded rewards that grow their $ETH holdings every week with zero hassle.

Conclusion

Through EigenLayer innovative program, Swell stakers enjoy a unique, effortless reward system that compounds yields each week. With no actions required, Swell’s $rswETH holders are set to gain steady, auto-compounded benefits on their ETH investments.