Swell: is re-staking 500 million dollars worth of ETH to Polyhedra Network

2024-04-02 11:31:47
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ChainCatcher news, the Ethereum staking protocol Swell Network announced on the X platform that it is delegating up to $500 million in re-staked ETH to Polyhedra Network.

swETH and rswETH will be used to secure Polyhedra's Bitcoin AVS and ZK through EigenLayer's double staking. Swell is also exploring the possibility of using zkBridge in Swell L2.

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