Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token

Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token

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Source: Coindesk.com

SwBTC generates yield using wBTC – the token pegged 1:1 to BTC that can be put to work in the Ethereum network while retaining the value of the world's largest cryptocurrency. Swell's aim is to extend the business case for restaking to crypto users who to benefit from the store of value offered by bitcoin while also

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The post "Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token" appeared first here Coindesk.com.

Source: Coindesk.com

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