Swell Auto-Invest protocol Founder Shares Project Development Journey

Daniel, the founder of Swell, recently gave an interview, sharing the development history and future plans of the Swell project. Daniel stated that he was once a web2 entrepreneur and business consultant, before shifting to the cryptocurrency space and participating in early investments in several well-known projects.

As an emerging Ethereum liquid staking protocol, Swell has attracted approximately 50,000 ETH in staking within just 5 months and has integrated with over 40 protocols. Daniel believes that Swell's rapid market share acquisition is primarily due to its unique positioning and innovative initiatives.

Swell has several innovations in the area of liquid staking: first, it is the first platform to implement Chainlink PoR, enhancing transparency; second, Swell is the pioneer in utilizing LayerZero technology to achieve cross-chain interoperability, making its token swETH usable globally; in addition, Swell has launched an innovative campaign called "Voyage" to promote user adoption.

When talking about the future of the LSDfi market, Daniel believes that restaking could be the next hot topic, especially restaking supported by Eigenlayer. He stated that Swell will continue to focus on interactions and integration within the Ethereum ecosystem while expanding cross-chain capabilities.

In the face of a potentially prolonged bear market, Daniel stated that it is a great time for building. Swell plans to implement significant product upgrades, listen to community feedback, and provide next-generation liquid staking solutions. He emphasized that Swell will continue to innovate in the liquid staking field, including introducing a voting lock-in mechanism, developing new liquidity re-staking principles, and improving the user interface.