Lockless Protocol

Lockless Protocol provides staking rewards with no locking period

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Ever wanted to stake Echelon to benefit from those sweet staking rewards but felt that the standard 21 days unbonding time was too much of a commitment?

SWECH is the receipt token for permanently locking ECH into Lockless Protocol. SWECH-ECH Liquidity tokens can be Staked to earn Rewards from Echelon Staking. Unlike normally staked ECH coins, the SWECH is fully Liquid & can be sold on ABcDeFx anytime for ECH, and this quality of SWECH virtually removes the 21 day locking period. All SWECH are backed by atleast 1 ECH, ensuring its peg algorithmically.

Lockless is provided by ECH.Guru that has other offerings as well, check out their site!

Features

You can

  • Mint SWECH
  • Trade SWECH
  • Deposit ECH/SWECH LP
  • Earn ECH rewards

 

Lockless Protocol

 

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