Swell is a liquid staking protocol designed for Ethereum users. It focuses on making staking simple, accessible, and secure.
Description
Here's how it works:
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Liquid Staking: Swell allows Ethereum holders to earn rewards by staking their ETH. This is done without locking up their capital, which is a common issue with other staking methods.
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Swell's Features:
- Non-Custodial: Swell lets users keep control of their ETH while staking.
- swETH Token: When you stake ETH, you get swETH, an ERC-20 token that you can use in different DeFi (Decentralized Finance) opportunities.
- Higher Yields: Swell offers both staking yields and additional earnings through DeFi strategies, all in one place.
- Lower Fees: With only a 10% staking fee, Swell is cost-effective.
- No Minimum Stake: Unlike Ethereum's high requirement of 32 ETH to stake, Swell allows staking with much smaller amounts.
- Aligned with Ethereum's Values: Swell supports the decentralization and censorship resistance of Ethereum.
- Easy for Beginners: No need for technical knowledge or special equipment for staking.
- Full Self-Custody: Users maintain full control over their assets.
- Security Focus: Swell prioritizes security and has carefully chosen node operators.
- Tax Efficiency: Staking might have tax implications, and Swell considers this in its design.
- Innovative Technology: Built from scratch, Swell aims to offer a better staking experience.
In summary, Swell is about offering an easy, secure, and efficient way to stake Ethereum, suitable for anyone interested in earning from their ETH without the technical complexities or high barriers to entry.
Team of the Project
Daniel Dizon
Founder
Daniel Dizon - Founder. Daniel Dizon is a renowned figure in the decentralized finance (DeFi) sector, primarily focusing on blockchain infrastructure, liquid staking, restaking, and the integration of liquid staking with traditional finance (LSTfi). As the founder of Swell, an innovative Ethereum staking protocol, Dizon has significantly contributed to advancing Ethereum-based DeFi solutions. Beyond his entrepreneurial ventures, he is an active angel investor and a strategic advisor for start-ups, leveraging his extensive knowledge in DeFi to guide and support emerging ventures in the blockchain and cryptocurrency domains.
Aaron Alderman
CTO
Aaron Alderman - CTO. A seasoned full-stack developer and software engineer with over a decade of experience and a Ph.D. in Physics. Specializes in developing and architecting solutions for both Web2 and Web3 projects, focusing on efficiency, scalability, security, and user-friendliness. Skilled in data analysis and visualization, enhancing decision-making and optimizing workflows. Proficient in project management, testing, and implementation, with a strong commitment to enhancing user experience.