A Review Of Swell Network
Whilst Swell’s usage of swNFT/swETH addresses its fungibility trouble, the function brings an extra risk vector for the protocol. As is the situation with stETH, the swETH/ETH pair on secondary markets could diverge noticeably (from 1:1), In spite of withdrawals enabled, considering the fact that swETH is just valuable for a staking by-product to