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.
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