Swell announces that the re-staking chain Swellchain has been launched
Editor
2024-12-19 14:03 9,703
Share to:
Golden Finance reported that according to official news, Swell announced that the re-pledge chain Swellchain has been launched. Its goal is to build a scalable and decentralized rollup and protect the infrastructure through re-pledge. This vision will be realized through Proof of Restake, a mechanism that uses Swell’s liquid re-hypothecation assets to protect Eigenlayer AVS and Symbiotic Networks, providing critical infrastructure and services to the network.
Meanwhile, Swell also launched two AVS: Ditto, which provides security automation through its Keeper network, and Hyperlane, which provides interoperability for ezETH and pzETH.
Swellchain launched with a pre-launch deposit campaign, amassing over $1 billion in assets from Swell, Etherfi, Renzo and other re-staking protocols. In addition, Swellchain is also part of Superchain, and other partners include Etherfi, Renzo, Kelp, Ethena, EigenLayer and Symbiotic.