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

Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem.

16:9 Swell, liquid (Winkelmann/Pixabay)
Swell (Winkelmann/Pixabay)