Luminarc

[Ran Neuner @cryptomanran]

Comment where Bitcoin will be on 1.1.2026 00:00 EST on Coinbase and win $5,000

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[Faro @FaroTrading]

Swell City is in our sights!

A snapshot of your Pearls will be taken at Block 20422895 (estimated to be validated around midnight UTC tomorrow on Tuesday, 30th July 2024).

This snapshot will mark the end of the Voyage and the beginning of a new opportunity to collect $SWELL rewards every ten weeks in Swell City.

Following the snapshot, we’ll be finalizing details of the TGE including anti-sybil measures and Loyalty Boost calculations. More details regarding the specific timing will be released in August.

The end of the Voyage

Since launch, the Voyage has seen Swell grow into a top 15 DeFi protocol with ~$2.3B in combined TVL.

This snapshot will signal the end of the Voyage and the end of opportunities to collect White Pearls. As previously announced, these Pearls represent 8% of the $SWELL supply and will be airdropped at TGE.

Looking ahead, Swell will now bring back some of the nostalgia of real yield liquidity mining through a predictable airdrop schedule – known as Wavedrops – that reward the most aligned Swell stakers without the need to wait for long campaigns to end.

Introducing Wavedrops

In Swell City, you’ll collect rewards as regularly as the waves roll in. Each Wave lasts for ten weeks, followed by a Wavedrop at which point you can claim your $SWELL.

Simply hold swETH and rswETH or use them in supported DeFi integrations to earn Black Pearls, and then claim $SWELL with your Black Pearls at every Wavedrop

To reward loyal Voyagers, the allocation to the first Wavedrop will be doubled, with 2% of the total $SWELL supply distributed to Black Pearl holders on Oct 8, 2024.

After the first Wavedrop, following Wavedrops over the coming year will each account for 1% of the total supply.

Ride the Waves to earn bonus multipliers

Get more $SWELL for your Black Pearls by riding Waves one after the other.

For every consecutive Wave in which you participate, your Black Pearl count will be boosted an additional 10% at each Wavedrop – starting from zero up to a maximum bonus of 60%.

As a Voyager turned Swell Citizen, you’ll automatically get a 30% boost on your Wavedrops if you continue to maintain 90% of your swETH/rswETH balance from the snapshot date.

As a new Swell Citizen, you start at the base boost and will also continue to get higher boosts with each wave if you continue to maintain 90% of your swETH/rswETH balance from the snapshot date.

Boosts will be shown on the Swell City page ahead of the first Wavedrop.

rswETH L2 bonus

As we look towards the launch of Swell L2 powered by rswETH, we are now offering a bonus to depositors of all Swell assets in Swell L2.

Holders of all Swell Tokens (including swETH, rswETH, and derivatives thereof) will now earn a 1.5x multiplier on Swell ecosystem airdrops for the same amount deposited in Swell L2.

That’s all for now. Collect Black Pearls to start riding the waves to higher staking rewards!

Get all the details including answers to FAQs in the Swell blog:

https://t.co/EdqZuHL5go

[Luminarc @luminarc_crpt]

@FerreNFT 18

[Luminarc @luminarc_crpt]

@HamsterCEO UQD7_BQQTmgDgeb10Dd6caSDBjDLGuraPARJ6F10Y1mTBZMp

[Luminarc @luminarc_crpt]

@HamsterAlerts UQD7_BQQTmgDgeb10Dd6caSDBjDLGuraPARJ6F10Y1mTBZMp

[gum @gumsays]

Sanctum is accelerating LST adoption and education

- $704M TVL, up 321% in the last 30 days
- 197K Holders vs 55K last month (+142K)
- 10 INF per user on average
- The median INF holder has 0.33 INF
- Quest 4 Answer: THE EARNEST SHALL BUILD OUR NEW WORLD

It's a no brainer, you're generating an average 9% yield on your SOL and are farming an airdrop of one of the most promising teams on this cycle

The more Sanctum is adopted, the more decentralized the stake becomes

This brings more pressure on projects to adopt its LST ecosystem or even launch their own to capture more economic activity

[Luminarc @luminarc_crpt]

Hey, I just got an extra 0.0265348 MKR on @CoWSwap! 🐮💸

Start swapping on https://t.co/x7YUqoKQo0

[Luminarc @luminarc_crpt]

What is your strategy farming @sanctumso airdrop on Solana? Use a referral below in order to bootstrap your Total EXP at the end of Season 1!
https://t.co/1kZaPiktyV

[Luminarc @luminarc_crpt]

@gordan100x Done