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.
What is Swell Network?
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