According to Jinse Finance, Cross-Chain Interaction Protocol Layer Zero has announced on Twitter that it has been launched on the re-staking chain Swellchain. In addition, users can now use Superbridge or Stargate to cross-chain interact with assets such as weETH, USDe, rsETH, SWELL, swBTC, rswETH or swETH.

Odaily Planet Daily News According to the increasing number of BTC assets, the demand for WBTC as the underlying asset is increasing. The Compound community has launched a new proposal to add a WBTC market on Mainnet. The proposal allows the following assets to be used as collateral for WBTC: uniBTC (Bedrock), FBTC (FireBTC), swBTC (Swell), LBTC (Lomboard), pumpBTC.

On August 14th, Swell, the ETH 2.0 staking project, launched the Liquidity staking token 'swBTC'. Users can deposit wBTC to earn swBTC rewards. wBTC is a token pegged 1:1 to BTC and can be used on the Ethereum network. It is expected that staking rewards will be distributed starting in mid-September. Before that, swBTC will receive triple Black Pearls plus Symbiotic points.