be utilized by existing stakers. For instance, you could pass your url towards your friend who's by now staking with Swell, and he could utilize it for getting you both equally a referral bonus. This is not against The foundations.
Swell L2 are going to be driven by Swell’s own liquid staking and restaking tokens — swETH and rswETH — and also Those people of fellow LRT protocols like EtherFi and Renzo.
When the DAO has monitored protocol overall performance on mainnet, we intend to open up staking deposits for the Local community and start executing our technique to become a dominant LST and drive for good in Ethereum.
The Liquid Stake protocol permits extra buyers to delegate ETH to node operators rather then managing validator clients, thereby letting broader participation in PoS.
The precise period from the Voyage stays being seen, but you'll be charting a program by way of this unexplored territory. Together the way, you'll be able to be expecting to find out much more options to collect pearls since the community grows, swETH liquidity deepens, as well as Swell ecosystem expands. More particulars will likely be unveiled while you get closer to the final location.
To kick off Chapter two, Swell Network we're introducing Referrals, a very new strategy to make Pearls by referring new stakers to Swell! This tends to quickly be accompanied by the expansion of swETH to our initially Layer two: Arbitrum, with far more chains to follow quickly just after!
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Chapter 2 begins with a totally new technique to get paid Pearls by referring new Voyagers, and may also introduce crosschain swETH.
rswETH provides uncapped usage of Eigenlayer restaking benefits with no have to lock your liquidity.
They've got a strong flywheel outcome the place the integrations and liquidity travel need, which subsequently drives much more integrations and liquidity.
Besides the convenience of LRT, An additional attraction of liquidity re-staking platforms is “factors” – a reward technique Which may qualify buyers for long term token airdrops.
This token can then be used within the broader DeFi landscape to make additional yield, presenting flexibility and liquidity that classic staking solutions usually do not.
$SWELL will likely be utilized for voting to deal with the protocol (utilization of parameters and cash stream), and incentivize node operators and liquidity pools for swETH/ETH by a variety of liquidity mining, referral, and airdrop programs.