With the launch of Ethereum 2.0, staking has become an important part of the Ethereum network. As an innovative non-custodial staking protocol, SWELL token not only supports traditional ETH staking, but also provides users with more income opportunities through the restaking function. This article will explore how SWELL is leading the future of Ethereum staking and analyze the unique advantages it brings to users.
1. The evolution of Ethereum staking
As Ethereum transitions to a PoS (Proof of Stake) mechanism, staking has become an important way to verify network security and obtain rewards. However, the traditional staking model usually requires users to lock funds on the platform, which lacks flexibility. SWELL token changes this situation by providing liquidity staking and re-pledge services, allowing users to maintain the liquidity of assets while receiving rewards.
2. SWELL’s non-custodial pledge agreement
SWELL's non-custodial staking protocol means that users have full control over their assets without the need to escrow funds to a third-party platform. This decentralized design not only enhances users' trust in the security of funds, but also avoids the problems of fund freezing or platform manipulation that may occur in traditional pledge platforms.
3. Advantages of Restaking
SWELL’s unique re-pledge function is one of its biggest highlights. By re-staking, users can not only obtain ETH staking rewards, but also obtain AVS (Asset Verification Service) rewards through re-staking. This dual reward mechanism greatly enhances users’ benefits and provides users with greater opportunities to participate in the DeFi ecosystem.
4. How SWELL promotes innovation in Ethereum staking
SWELL’s liquidity staking and re-staking services represent a new trend in Ethereum staking. Through the decentralized pledge mechanism, SWELL not only ensures the security of users' assets, but also makes the pledge process more flexible. Whether it is short-term investment or long-term holding, users can adjust strategies according to their needs to maximize returns.
5. Summary
SWELL token introduces an innovative liquidity staking and re-pledge mechanism for Ethereum staking, which greatly improves users' earning potential. Through decentralized design and multiple reward mechanisms, SWELL is leading the future development of Ethereum staking, providing users with more revenue opportunities and greater flexibility.