Swell Chain has announced a reward program for $KING token holders. Here are the key details:
- Eligible users will receive 1000 $SWELL tokens
- Qualification requires holding more than 0.00075 $KING
- Users must have selected Swell chain for $KING claims before April 1 snapshot
This initiative follows earlier announcements about incentives for $KING holders on the Swell Chain platform, demonstrating continued effort to build their ecosystem.
1000 $SWELL will be given to users who claim their $KING on @swellchain 馃寠 馃憫 To be eligible, users must have more than .00075 $KING and have selected Swell chain to claim $KING prior to the April 1 snapshot @thekingprotocol
Etherfi rewards have arrived on Swellchain! 馃憫 Claim your $KING on the Etherfi app and let it reign supreme in liquidity pools on @Velodromefi and @Ambient_Finance. The 1,000 $SWELL bonus will be claimable next week. app.swellnetwork.io/earn/portfolio
EigenLayer Introduces Slashing Mechanism for Restaking
EigenLayer is implementing slashing mechanisms for restaking, marking a significant development in DeFi security. Key points: - No immediate slashing risk for eETH; operators must explicitly opt-in - Slashing is not automatic and risk is isolated to each operator's Unique Stake - 14-day review period and extensive communication required before implementation - Each AVS (Active Validator Set) defines its own slashing conditions Chaos Labs is conducting security analysis to strengthen the ecosystem. The update aims to enable more use cases and improved rewards while maintaining careful risk management. [Read the full analysis](https://governance.ether.fi/t/chaos-labs-eigenlayer-eeth-security-upgrade-risk-analysis/2906)
Uniswap Launches weETH Incentives Program on Unichain

Uniswap has activated weETH incentives on Unichain, offering $20,000 in daily UNI tokens to weETH depositors. This initiative is part of a broader 3-month campaign by Gauntlet to enhance liquidity across Unichain. Key details: - Program launched April 15, 2025 - Daily rewards: $20,000 in UNI tokens - Duration: 3 months - Covers 12 key pools - Rewards distributed through Merkl Depositors can participate via the [Uniswap pool interface](https://app.uniswap.org/explore/pools/unichain)
LiquidBeraBTC and LiquidBeraETH Vaults Launch Reward Program on Berachain

LiquidBeraBTC and LiquidBeraETH vaults are implementing a new reward system through Berachain's Proof of Liquidity: - Automatic rewards for vault depositors begin this week - Rewards sourced from weETH and eBTC liquidity pools - 2% management fee introduced April 2nd - Fee proceeds used to bribe pools and generate user rewards - Expected returns to exceed fee costs Vault features: - Multiple reward streams (Berachain, KodiakFi, Dolomite.io) - Auto-compounding yields - 90-day lock period post mainnet launch - Supports deposits in weETH, WETH, stETH, eBTC, wBTC, cbBTC, LBT
weETH Now Available as Full Collateral on SparkLend
SparkLend has expanded weETH functionality beyond stablecoin borrowing. Users can now: - Use weETH as full collateral (no longer in isolation mode) - Borrow stablecoins, ETH, and other supported assets - Access increased borrowing capacity at scale The update follows a MakerDAO approved proposal, enabling broader lending options with transparent rates on the SparkLend platform. Visit app.spark.fi/borrow to start using weETH as collateral.