Swell: Is about to re-pledge $500 million worth of ETH to Polyhedra Network
The Ethereum staking protocol, Swell Network, announced that it is delegating up to $500 million of re-staked ETH to Polyhedra Network. swETH and rswETH will protect Polyhedra's Bitcoin AVS and ZK through EigenLayer dual staking. Swell is also exploring the possibility of using zkBridge in Swell L2.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise
The Hyperliquid team wallet has unstaked 2.6 million HYPE and conducted small-scale selling and transfer tests.