Vault Synopsis

The rswETH 11x vault accepts deposits denominated in rswETH.

Restaked Swell ETH (rswETH) is Swell Protocol's Liquid Restaking Token. rswETH lowers the barrier of entry for any user without requiring a minimum lock-up of 32 ETH for access to node operator rewards. Users earn native yield on the asset for restaking the rswETH yield bearing token into professional node operators running validators to earn Beacon Chain and validator rewards.

As a repricing token representing a user's yield-bearing ETH used by validators, Swell has created a truly composable opportunity for decentralising security on the Ethereum blockchain built atop EigenLayer. Unstaking rswETH is subject to validator withdrawal queue times which may be shortened through swapping on popular DEX's.

Users who wish to earn leveraged yield on rswETH via Swell may choose to deposit rswETH into the rswETH 11x vault. The rswETH 11x vault employs a delta-neutral strategy to leverage yield farming returns back to depositors. Depositors of the rswETH 11x Vault will receive a wrapped token (lov-rswETH) representing their claim of vault reserve rswETH.