Liquid staking protocol Swell has launched on Ethereum in public beta and is offering zero-fee liquid staking for a limited time. Swell’s simplified zero-fee model aims to make liquid staking accessible to everyone, while retaining control of their Ether (ETH) in self-custody. Through a reward-bearing token model, Swell offers some of the highest yields available on the market and makes it easy to deploy staked ETH to decentralized finance (DeFi). In addition to the limited period of zero fees, early stakers will also have the opportunity to participate in Swell’s voyage, which aims to progressively decentralize the decentralized autonomous organization (DAO). To ensure the highest levels of security, Swell has undergone extensive testing, including a smart contract audit by leading firm Sigma Prime, a testnet launch on Goerli, and a successful guarded private launch. Swell is a noncustodial Ethereum liquid staking protocol that makes it easy to stake ETH and access DeFi strategies in one place.
Disclaimer: This article is a Press Release, and is for informational purposes only. It does not constitute an offer or solicitation to buy or sell any financial instrument or provide investment advice. Views and opinions are those of the author and not necessarily those of Cointelegraph. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.
