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Swell Resumes swETH and rswETH Withdrawals After Rate Reset
(3 hours ago) · 1 source · Summarized by CryptoBipto
Swell has lifted the withdrawal pauses on its swETH and rswETH liquid staking tokens following a rate reset. The pauses had been implemented to address issues with the exchange rates of these tokens.
WHY IT MATTERS
Liquid staking is a way for people to lock up their cryptocurrency (like Ethereum) to help secure a blockchain network while still receiving a token they can trade or use elsewhere.
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SOURCES
- thedefiant.io
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