The decentralized finance (DeFi) sector has seen the rapid rise of a new category known as restaking, which has become one of the top 10 DeFi categories in a matter of months. Restaking is expected to expand further with its upcoming launch on Solana and other blockchain networks. Swell Network introduced rswETH, a Liquid Restaking Token (LRT) that allows users to earn rewards and participate in DeFi without locking their assets. Users previously staking swETH manually on EigenLayer are advised to consider transitioning to rswETH to benefit from the added liquidity and integration with DeFi platforms. The restaking ecosystem, particularly on Ethereum post-Merge, is being closely examined, with educational resources such as podcasts and interviews available to help users understand the tradeoffs and benefits. rswETH has been audited by blockchain security firm sigp_io, ensuring its safety for participants. Additionally, a 3x boost on ETH deposits is being offered through certain referrals, and the first-ever native liquid restaking token has already seen $500M in restaked ETH.
The lowdown on rswETH💎🔥 Restaked Swell Ether (rswETH) is a newly launched native liquid restaking token that gives you uncapped access to @EigenLayer restaking without the need to lock your liquidity. The token has been audited by leading blockchain security firm @sigp_io,… https://t.co/pmwUBimb0z
Now tracking @swellnetworkio Restake on @ethereum rswETH is an ERC-20 Liquid Restaking Token that provides liquidity for users who are wanting to "restake" their ETH into restaking protocols such as EigenLayer without having their restaked ETH locked https://t.co/DcnS7K5mRZ
Restaking is coming. @gauntlet_xyz is here to talk tradeoffs ✅ In today’s interview, @robbie_rollup sits down with @0xringwraith10 to unpack the restaking ecosystem @eigenlayer. Our lesson on restaking includes: ‣ Proof of Stake Ethereum since the Merge ‣ Eigenlayer… https://t.co/iVypMxRGNd
Here’s 3 podcasts to get you caught up on Liquid Restaking Tokens (LRTs)… 1/ The first ever native liquid restaking token and now $500M in restaked ETH—@ether_fi eETH https://t.co/vVbT2hIILf
Restake ETH Natively and Never Worry about EigenLayer Caps. 3x Boost on ETH deposits, use my referral link: https://t.co/J8t06f65SQ
If you were manually depositing swETH into @eigenlayer, I might consider unstaking/withdrawing and redepositing your swETH into this new LRT--rswETH (restaked swETH). You get the added benefits of a transferrable liquid token, that will integrated with DeFi, while your… https://t.co/aK0aQTVSyf
Introducing rswETH ✨ A native Liquid Restaking Token (LRT), Restaked Swell Ether lets you earn Pearls, @EigenLayer Points, and future restaking rewards — while still enjoying the freedom to participate in DeFi! Restake now: https://t.co/LmMzyIYa7Z https://t.co/JEAynAFhGn
Restaking has entered the top 10 categories in DeFi in just a few months. Probably one of the fastest to achieve such feat. With restaking soon going live on Solana, and a few other chains, it's gonna be up only 👀 https://t.co/Y62EkMzKi3