Bitget Lists SWELL Tokens: Launchpool, Poolx & Spot Trading Offers Rewards

Bitget Lists SWELL Tokens, Offering Users Rewards Through Launchpool, Poolx & Spot Trading

Get ready to earn with Bitget, the leading cryptocurrency exchange and Web3 company! Bitget is thrilled to announce the listing of SWELL tokens on its platform, opening up exciting opportunities for users through a range of products including Launchpool, Poolx, and Spot trading.

Launchpool Campaign: Win Rewards with SWELL Tokens

The highlight of this listing is the Launchpool campaign, where users can lock BGB and USDT to share in a pool of 19,500,000 SWELL tokens. This exclusive event, running from November 7, 2024, at 10:00 UTC, until November 14, 2024, at 10:00 UTC, provides a chance to participate in the growing Ethereum restaking ecosystem through Swell’s advanced staking protocols.

Poolx and Candybomb Events: Expanding Your SWELL Opportunities

Bitget isn’t stopping there! In addition to Launchpool, users can also participate in the Poolx event, where 1,800,000 SWELL tokens are allocated, allowing users to stake their tokens and mine more. A Candybomb promotion is also underway, distributing 2,000,000 SWELL tokens to users based on their trading activities.

Swell: A Layer 2 Restaked Rollup for Ethereum

Swell, a Layer 2 restaked rollup designed for Ethereum, introduces a range of liquid staking and restaking options tailored for decentralized finance (DeFi). As the first to deliver a vertically integrated Layer 2 restaked rollup, Swell aims to enhance user returns and staking efficiency within the Ethereum network.

SWELL Tokenomics: Governance, Restasking, and Gas Fees

Swell unveiled the tokenomics of its native token, SWELL, on October 9, 2024. The total supply of SWELL will be 10 billion tokens, with 8.5% allocated to the community. The SWELL token will serve three main purposes:

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Governance for Swell DAO:

SWELL holders will have the opportunity to participate in the governance of the Swell DAO, influencing the future direction of the project.
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Restaking to Secure Swell L2 Applications and Infrastructure:

SWELL tokens can be used for restaking, which helps secure Swell’s Layer 2 applications and infrastructure. This ensures the stability and reliability of the network.
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Paying for Gas Fees on the Network:

SWELL tokens can be used to pay for gas fees on the Swell network, enabling users to interact with applications and perform transactions seamlessly.

Bitget Launchpool: Two Pools for Different Users

Bitget’s Launchpool offers two distinct locking pools:

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Primary Pool:

The primary pool, with a total allocation of 16,000,000 SWELL, is open to users locking BGB, Bitget’s native token. Airdrops are distributed hourly based on each participant’s locked volume, ensuring users receive rewards proportionate to their commitment within the pool.
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Secondary Pool:

The secondary pool, designed for new users joining after November 5, 2024, offers a share of 3,500,000 SWELL for those locking their USDTs. With a maximum locking limit of 2,000 USDT and a minimum requirement of 5 USDT, this pool provides an accessible entry point for newcomers to the platform.

Bitget’s Commitment to Web3 Innovation

Bitget is committed to driving crypto adoption through strategic partnerships. The exchange serves over 45 million users in 150+ countries and regions, and is known for its pioneering copy trading feature and other innovative trading solutions. Bitget is also a strong advocate for the future of Web3, as demonstrated by its recent role as the Official Crypto Partner of LALIGA, the World’s Top Football League in EASTERN, SEA, and LATAM markets, as well as its partnership with Turkish national athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team). These partnerships highlight Bitget’s dedication to inspiring the global community to embrace the future of cryptocurrency.

Get involved!

For more information about SWELL tokens, visit Bitget’s Launchpool and Poolx/Spot promotion page: [Link to Bitget Launchpool](https://www.bitget.com/en/launchpool) [Link to Bitget Poolx/Spot Promotion](https://www.bitget.com/en/poolx)

About Bitget:

Established in 2018, Bitget is a leading cryptocurrency exchange and Web3 company, serving over 45 million users in 150+ countries and regions. The Bitget exchange is dedicated to helping users trade smarter with its pioneering copy trading feature and other trading solutions, offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain crypto wallet providing an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Connect with Bitget:

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Website:

[Link to Bitget Website](https://www.bitget.com/en)
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Twitter:

[Link to Bitget Twitter](https://twitter.com/bitgetglobal)
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Telegram:

[Link to Bitget Telegram](https://t.me/BitgetEnglishOfficial)
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LinkedIn:

[Link to Bitget LinkedIn](https://www.linkedin.com/company/bitget/)
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Discord:

[Link to Bitget Discord](https://discord.gg/bitget)
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Bitget Wallet:

[Link to Bitget Wallet](https://bitget.com/wallet)

This information is for general knowledge purposes only and does not constitute financial advice. Always conduct thorough research and consult with a qualified financial advisor before making any investment decisions.

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