This site (120btC.coM): Ethereum re-staking project Swell announced that it will launch its own Layer 2, which is expected to be launched in May. The main focus is "Layer 2 designed specifically for re-staking". Positioning and empowering its own liquidity re-hypothecation token (LRT) rswETH with more utility, it is expected to bring greater help to the Swell protocol. Pre-deposited asset activities have already started.
Swell Layer2 Basic Information Introduction
Swell L2 is built based on the Polygon CDK and AlterLayer suites, using zkEVM technology as the proof upload mechanism, and the network economic security part will cooperate with EigenLayer As an AVS, data availability is powered by EigenDA.
The native fuel token of Swell Layer2 will be rswETH, which is the LRT launched by Swell and the first LRT as a fuel token. The governance tokens of this chain include SWELL, swETH and rswETH.
According to the official website information, the security of the Swell Layer2 network is protected by a triple pledge mechanism. You can choose to pledge three assets: SWELL, ALT and rswETH to protect network security.
All users who deposit assets into Swell Layer2 can obtain the native income of network LRTfi, similar to the design concepts of Blast, Manta, and Memenet.
Accepts a variety of LST and LRT assets
Swell Layer2 cooperation project
Swell Layer2 will be able to accept users to deposit a variety of assets , in addition to ETH, it accepts LST and LRT from competitors and partners, including:
Swell’s own swETH and rswETH
Renzo ezETH
Ether.fi’s eETH, weETH
Stake Stone’s STONE
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