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    Swirl

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    TL;DR

    Swirl is a Liquid Staking solution, allowing users to stake IOTA and receive stIOTA in return. These tokens provide instant liquidity, enabling users to trade, use them as collateral in DeFi, or earn additional rewards while their IOTA remains staked. Swirl enhances staking acces

    Dossier

    ## Overview Swirl is a liquid staking protocol built on the IOTA blockchain that solves a fundamental problem in proof-of-stake networks: the illiquidity of staked assets. When users stake IOTA tokens directly on the network, those tokens become locked and unavailable for trading, lending, or other DeFi activities until the unstaking period completes. Swirl removes this friction by allowing users to deposit their IOTA and receive stIOTA, a liquid representation token that maintains a 1:1 backing ratio with the staked IOTA while enabling the underlying assets to generate staking rewards. The pr