<p>It is the Liquid Restaking Token for LSTs, and will enable liquidity and DeFi opportunities on restaked LST positions. rswETH will accept restaking LSTs and optimize restaking rewards for holders.</p><p>For liquid restakers, rswETH enables: simplicity, liquidity, and flexibility to use your LRT in DeFi. The DAO is looking forward to driving liquidity, adoption, and integrations of this new and exciting primitive, which will complement Swell’s LST, swETH. </p>

Restaked Swell ETH

Restaked Swell ETH (rswETH) is a LRT that unlocks liquidity for restaked LSTs. 

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%name%: Latest News, Social Media Updates and Insights

Liquid restaking tokens were one of the major DeFi success stories in 2024, and they’re continuing to blaze a trail in the crypto markets as we make our way into the new year, with their total market capitalization now exceeding $60 billion. These assets, known as LRTs (liquid restaking tokens), are tokenized versions of restaked […]

ZyCrypto

As Crypto Restaking Takes Off, Diversification Is Essential To Balance Risk vs Reward

Yield protocol Penpie got exploited for $27 million on Sept. 3 after a malicious agent explored a vulnerability in the protocol’s smart contracts. Penpie is a yield protocol on Pendle that aims to boost rewards for users on the network. Reentrancy exploited In a Sept. 4 breakdown, blockchain security firm Hacken explained that the attacker […]
The post Penpie exploited for $27 million in reentrancy attack appeared first on CryptoSlate.

CryptoSlate

Penpie exploited for $27 million in reentrancy attack

Decentralized finance (DeFi) protocol Penpie was hit by a massive exploit on Wednesday in which the attacker drained about $27 million in crypto assets. The looted digital assets include staked ETH and wrapped USDC. Penpie, built on Pendle, acknowledged the exploit and expressed willingness to negotiate a bounty for the safe return of the funds. […]

CryptoPolitan

Penpie hacker drains $27M in cryptos, bounty offered

Restaked Swell ETHrswETH

Latest Restaked Swell ETH News and Social Media Feed

As Crypto Restaking Takes Off, Diversification Is Essential To Balance Risk vs Reward

Penpie exploited for $27 million in reentrancy attack

Penpie hacker drains $27M in cryptos, bounty offered