Submit a request Sign in
 
Logo Logo
Categories
Submit a request
Sign in
Indodax Academy Blog Indodax INDODAX.COM

What is Swell Network?

  1. INDODAX
  2. Information
  3. Digital Asset

browse

Swell Network is a decentralized platform that allows users to stake Ethereum (ETH) non-custodially while still having liquidity over their assets. Swell Network offers a secure and transparent staking solution by delivering liquid staking, which allows users to lock their ETH and receive replacement tokens that can be traded or leveraged within the DeFi (Decentralized Finance) ecosystem.

Swell Network operates as one of the liquid staking protocols in the Ethereum ecosystem. When users stake ETH through Swell Network, they receive a token called “swellETH,” which represents ownership of the staked asset as well as the rewards earned from the staking activity. This token allows users to continue accessing their liquidity without having to revoke their staked assets, providing flexibility in the use of their staked ETH across various other DeFi protocols. Swell Network aims to facilitate high-security ETH staking, while empowering users with complete control over their assets.

    Articles in this section

  • Frequently Asked Questions (FAQ) of Alarm Price Feature
  • What is dKargo (DKA)?
  • What is the FIO Protocol?
  • How do I see the volume of digital assets available on the Indodax market?
  • How do I see my transaction volume on Indodax?
  • What is Sybil Attack?
  • What are Ommer Blocks?
  • What is Movement Crypto?
  • What is Virtual Protocol Coin?
  • What is Atomic Wallet?

Related articles

  • How to Withdraw Digital Asset to Another Wallet?
  • What is lPoS (Liquid Proof of Stake)?
  • What is a Pullback?
  • What is coin delisting and why does it happen?
  • How to contact Indodax?

Promoted articles

  • BCA Virtual Account Payment Guideline
  • Frequently Asked Questions (FAQ) of Alarm Price Feature

Was this article helpful?


Have more questions ? Submit a Request
×
Logo
English (US) Bahasa Indonesia 简体中文
Indodax.com © 2022