The Swell plan will re-pledge 500 million US dollars worth of ETH to NEAR to secure its Super Fast Finality Layer
According to the report by Odaily Star Daily, Swell stated on X platform that it is re-pledging $500 million worth of ETH to NEAR. These re-pledged ETH will be used to secure NEAR Protocol's Super Fast Finality Layer, which is expected to significantly reduce transaction time and costs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Grvt launches Builder Codes, officially opening its ZK-powered trading infrastructure to developers
Phantom announces the launch of prediction market Phantom Prediction Markets
Swiss National Bank increases its holdings of Strategy shares to $138 million
Trending news
MoreCrypto prices
More
