RSWETH
Restaked Swell Ethereum
$1,799.11
0.37%
Restaked Swell Ethereum
RSWETH
$1,799.11
0.37%
Restaked Swell Ethereum Price Converter
Restaked Swell Ethereum Information
Restaked Swell Ethereum Markets
About Restaked Swell Ethereum
Restaked Swell Ethereum (RSWETH) is a liquid restaking token built by Swell Network DAO on Ethereum. It combines traditional staking yields with restaking rewards from EigenLayer, allowing users to maintain liquidity and earn multiple forms of yield, including Pearls and restaked points, while supporting Ethereum's infrastructure.
Restaked Swell Ethereum (RSWETH) is a liquid restaking token issued by Swell Network DAO on the Ethereum blockchain. It represents Ethereum (ETH) that has been staked on the Beacon Chain and then restaked through EigenLayer, enabling holders to earn rewards from both Ethereum consensus validation and Actively Validated Services (AVSs). RSWETH is an ERC-20 token launched on January 26, 2024, and is tradable across various decentralized finance (DeFi) platforms.
RSWETH enables users to earn multiple reward streams:
Ethereum Staking Rewards: Reflecting yields from ETH staked on Ethereum’s Beacon Chain.
EigenLayer Restaking Rewards: Providing additional yield from supporting AVSs.
Restaked Points & Pearls: Users accrue EigenLayer restaked points and Pearls, which can later be redeemed for SWELL tokens.
DeFi Integration: RSWETH is liquid and can be used across multiple DeFi protocols for borrowing, lending, or liquidity provision.
RSWETH was created by Swell Network DAO, a decentralized autonomous organization focused on non-custodial liquid staking solutions. The DAO is supported by security auditors such as Sigma Prime and guided by risk parameter contributors like Gauntlet and Chaos Labs. Swell integrates with EigenLayer to extend the utility of staked ETH through restaking.
