Swell is a liquid staking protocol for Ethereum. It allows users to stake ETH and receive swETH, a liquid staking derivative that represents their staked ETH and its accumulated rewards. Swell’s strength lies in providing a liquid alternative to traditional ETH staking, allowing users to participate in staking while still being able to use their assets in DeFi applications.
Swell’s technology focuses on simplifying the ETH staking process and providing users with a liquid token (swETH) that can be used across the DeFi ecosystem. This allows users to earn staking rewards while maintaining the flexibility to participate in other DeFi activities.
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here.
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