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Swell Network is a decentralized, non-custodial liquid staking protocol designed to enhance user experience in the DeFi ecosystem on the Ethereum blockchain. It allows users to stake their ETH and earn passive income through blockchain rewards, issuing a yield-bearing liquid staking token (LST) that can be utilized within DeFi for additional yield generation, offering greater flexibility and liquidity than traditional staking. The protocol also features a governance aspect through its native token, enabling holders to influence its development. Additionally, Swell has undergone an audit by Runtime Verification, ensuring its security and reliability, and is working towards significant milestones like the Token Generation Event (TGE) and the launch of Swell L2 to bolster its infrastructure and expand its offerings.
Proof Of Stake