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swellnetworkio

Introducing earnBTC! ✨

Earn both yield and points on bitcoin with earnBTC.

Simply deposit your preferred form of Ethereum-based BTC to effortlessly earn both maximal risk-adjusted DeFi yield and a selection of BTCFi points.

Deposit now: https://t.co/iY9IcihLqi

How it works

1️⃣ Deposit any of these assets:

🔹Swell BTC (swBTC)
🔹Wrapped BTC (WBTC)
🔹Coinbase Wrapped BTC (cbBTC)
🔹Fire Bitcoin (FBTC) from @IgnitionFBTC
🔹solvBTC (SolvBTC) from @SolvProtocol
🔹pumpBTC (pumpBTC) from @Pumpbtcxyz
🔹Threshold BTC (tBTC) from @TheTNetwork
🔹Lombard BTC (LBTC) from @Lombard_Finance
🔹Lorenzo BTC (stBTC) from @LorenzoProtocol (Coming soon)
🔹Binance Bitcoin (BTCB) Coming soon…

2️⃣ Your BTC will earn DeFi yield and these Points:

🔹3x Nucleus Points
🔹3x Black Pearls
🔹PumpBTC Points
🔹FBTC Sparks
🔹Solv Points
🔹Babylon Points
🔹Lorenzo Points (coming soon)

Points earned on various different forms of Ethereum-based bitcoin deposited in the vault are socialized among all depositors.

3️⃣ Withdraw at any time subject to a 7 day cooldown period.

Fully audited

Swell’s Ecosystem Earn vaults are built on @NucleusEarn.

Nucleus is developed with the same code as the widely used Seven Seas vault, which is audited by @0xMacroSecurity, @SpearbitDAO, and @PashovAuditGrp.

Low fees

earnBTC depositors pay total annual fees of ~1-1.5% in line with vault performance.

Learn more: https://t.co/HeDX0gfjaC

All You Need to Know in 10s
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