Details about StakeWise cryptocurrency
€11,146,510 ( -1.15969%)
€16,080
1,000,000,000
424,374,145
1
Unknown
https://stakewise.io/
@stakewise_io
103048x
€2704.43
StakeWise price charts
SWISE exchanges
StakeWise, the crypto
StakeWise (SWISE) is a decentralized finance (DeFi) platform built on the Ethereum blockchain that allows users to earn interest on their staked Ethereum (ETH) tokens. It employs a unique staking mechanism called "pool-based staking," which lets users pool their ETH stakes together to increase their chances of earning rewards.
The point
The main point of StakeWise (SWISE) is to provide users with a secure and profitable way to earn interest on their Ethereum holdings. By pooling their ETH stakes together with other users, they can maximize their returns and increase their chances of earning rewards.
The problem
StakeWise (SWISE) tries to solve the problem of low staking rewards and high fees on the Ethereum network. Many ETH holders are deterred from staking their tokens due to the high fees associated with the process, as well as the relatively low rewards offered by other staking protocols. By utilizing pool-based staking, StakeWise (SWISE) can offer users higher rewards and lower fees, making it a more attractive option for ETH stakers.
Compare SWISE and BTC performance
| Timeframe | SWISE | BTC |
|---|---|---|
| 1h change | -0.163278 % | -0.360343 % |
| 24h change | -1.33 % | -1.34653 % |
| 7 day change | -14.7 % | -8.00126 % |
| 14 day change | -13.27 % | -4.44299 % |
| 30 day change | -28.38 % | -5.81283 % |
| 200 day change | -58.34 % | 128.847 % |
| Year change | -82.67 % | 116.885 % |