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Layerzero Bridged rswETH (Swellchain) RSWETH
RSWETH
1865.4
$
1.30 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 977.26
Total Supply
5613
RSWETH
$
Description
rswETH is an ERC-20 Liquid Restaking Token that provides liquidity for users who are wanting to "restake" their ETH into restaking protocols such as EigenLayer without having their restaked ETH locked.
It is a repricing token that represents a user's yield-bearing ETH that is being used by validators that attest to transactions on the Ethereum blockchain.
To "restake" is to have a validator that has their withdrawal credentials pointed to an Eigenlayer Eigenpod address.