In cryptocurrency investment, liquidity and income are the two factors that investors pay most attention to. The SWELL token perfectly combines these two factors through its innovative liquidity staking and re-pledge mechanism, allowing users to maintain the liquidity of funds while enjoying high returns. This article will explore how SWELL tokens provide users with more investment opportunities through these two functions.
1. What is liquidity staking?
Liquid Staking is an innovative staking method in the DeFi field that allows users to maintain the liquidity of their crypto assets while staking them. Through its liquidity staking function, SWELL token allows users to stake ETH and simultaneously obtain liquid tokens (LST or LRT). These tokens can continue to be traded in the market or used for other DeFi activities.
2. Re-pledge: Earn more income
Restaking is another highlight of the SWELL platform. By re-staking the pledged ETH tokens, users can not only obtain Ethereum staking rewards, but also obtain AVS rewards through re-staking, which means that users can obtain multiple benefits on the same asset.
3. Earn passive income through SWELL platform
One of the biggest advantages of SWELL token is that it provides users with stable passive income. Users obtain action tokens by staking ETH, and can use these tokens for other DeFi projects to earn additional income. In addition, SWELL’s re-staking function further increases users’ income sources, making the platform an ideal choice for cryptocurrency investors.
4. Market prospects of SWELL tokens
The current circulating market value of SWELL token is US$310 million and has more than 13,000 currency holders, showing its strong influence in the market. Although its current 24-hour transaction volume is relatively low, its market potential is still huge. In the future, with the popularity of Ethereum staking and DeFi, the demand for SWELL tokens will further grow.
5. Summary
SWELL token provides users with more investment opportunities and income channels through its liquidity staking and re-pledge mechanism. Its innovative staking model not only guarantees the liquidity of funds, but also improves users’ earning potential through multiple reward mechanisms. It is an important innovation in the DeFi field.