Ethereum’s transition from Proof of Work (PoW) to Proof of Stake (PoS) will see the need for validators to stake their ETH in order to support the updated consensus mechanism to maintain the integrity of the Ethereum blockchain.
Swell Network DAO (Swell) is a Decentralised Autonomous Organisation (DAO) that is delivering a decentralised, open, and liquid Ethereum staking protocol.
Swell Network is aiming to ensure that Ethereum remains a public good for the benefit of the global communit
The Merge is scheduled for early 2022. This will see Ethereum transition from Proof of Work to Proof of Stake with the merging of the Beacon Chain and the Ethereum Mainnet. This represents one of the most significant events in recent blockchain history.
This will see the rate of staking for Ethereum move in line with other Proof of Stake protocols to >50%. At the time of writing, Ethereum’s staking rate is ~7% (with ~8M ETH staked out of a circulating supply of ~118M ETH).