Liquid staking is a method that allows Ethereum holders to earn rewards without locking up their funds. Instead of staking their ETH directly, users receive a liquid staking token (LST) that can be used in various financial applications. This offers flexibility and liquidity compared to traditional staking.
Platforms like Lido, Rocket Pool, and Stakewise are popular choices for liquid staking. They provide different features and approaches to meet diverse user needs. Recently, Swell has gained attention for its unique proposition.
Swell is a new player in the liquid staking space that aims to enhance the user experience. By offering both liquid staking and restaking, Swell hopes to attract users looking for more advanced strategies. Its pre-market performance at Bitget has generated significant interest and anticipation for its official launch on the platform.