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    Swell Liquid Restaking

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    TL;DR

    rswETH is an ERC-20 Liquid Restaking Token that provides liquidity for users who are wanting to "restake" their ETH into restaking protocols such as EigenLayer without having their restaked ETH locked

    Dossier

    ## Overview Swell Liquid Restaking is a protocol built on Ethereum that addresses a fundamental friction point in the restaking ecosystem: the liquidity problem. When users deposit ETH into restaking protocols like EigenLayer, their capital becomes locked for extended periods, preventing them from accessing their assets or earning yield elsewhere. Swell solves this by issuing rswETH, an ERC-20 liquid restaking token that represents a user's restaked ETH position while remaining tradable, transferable, and composable across DeFi. The core function is straightforward: deposit ETH into Swell, rec