Swell is a non-custodial staking protocol dedicated to providing top-tier liquid staking and restaking experiences. Our mission is to simplify DeFi access while enhancing Ethereum’s security. Users earn passive income by staking or restaking ETH, receiving blockchain rewards and restaked AVS rewards in the form of a yield-bearing liquid token (LST or LRT), which can be used within the DeFi ecosystem for additional yields.
Having raised $3.75 million in a seed round, Swell plans to launch its own Ethereum layer-2 chain in H2 2024. Unlike traditional methods, Swell allows users to deposit ETH and receive the liquid staking token rswETH, avoiding immobilization of funds.
Swell offers higher yield potential through innovative protocols, flexibility in trading staked assets while earning rewards, and a decentralized approach that ensures security and eliminates intermediaries. The platform is user-friendly, with a step-by-step guide and compatibility with wallets like MetaMask. Users can choose from diverse staking pools that align with their investment goals, contribute to network security as validators, and earn additional Ether.
Swell is now listed on the Bitget premarket giving access to early investors
submitted by /u/DAHUDMJ
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