Ethereum Staking Protocol Swell Raises $3.75M as Locked ETH Tops $26B

Ethereum Staking Protocol Swell Raises $3.75M as Locked ETH Tops $26B

Currently, it costs 32 ETH (about $82,000) to become a validator, though Swell and others are looking to lower that barrier to entry. Swell’s minimum commitment is 1 ETH. Significantly, the protocol will provide stakers with liquidity by granting them an interest-bearing token representing their stake.

Originally Posted on: https://www.coindesk.com/business/2022/03/14/ethereum-staking-protocol-swell-raises-375m-as-locked-eth-tops-26b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sam Kessler

Written by:

9,623 Posts

View All Posts
Follow Me :

Leave a Reply

%d bloggers like this: