Swell Founder Daniel Discusses the Development and Innovation of Liquid Staking Protocols

As the founder of the emerging Ethereum liquid staking protocol Swell, Daniel shared his experiences and insights in the cryptocurrency space. Before founding Swell, Daniel was a Web2 entrepreneur and business consultant, and he made angel investments in several well-known blockchain projects.

Swell, as one of the fastest-growing protocols in the DeFi space, has attracted approximately 50,000 ETH in stake within just 5 months and has integrated with over 40 protocols. Daniel stated that Swell has achieved rapid growth by establishing strong relationships with numerous partners in the ecosystem and launching an innovative market strategy called "voyage," attracting over 13,000 users.

In the highly competitive liquid staking arena, Swell stands out with its unique positioning and innovative capabilities. As the first platform to implement Chainlink PoR, Swell offers a higher level of transparency. Additionally, it is the first liquid staking protocol to achieve full-chain interoperability using LayerZero, enabling its token swETH to be widely used globally.

Looking ahead, Daniel believes that the next hotspot in the LSDfi market may be re-staking, likely supported by Eigenlayer. Swell plans to continue driving innovation in the liquid staking space, including the introduction of a voting lock mechanism, the development of new liquidity re-staking principles, and providing a top-notch user interface to significantly enhance the staking experience.

Regarding the interaction with Layer2, Daniel stated that Swell will focus on providing as many interactions and integrations as possible within the Ethereum ecosystem and expanding cross-chain capabilities. In the current market environment, Swell sees the bear market as a great opportunity for building, committing to significant product upgrades while continuously listening to community feedback and providing next-generation liquid staking solutions.