What is StakeWise?

Symbol: SWISE · Market cap rank: #1899

Short answer

StakeWise (SWISE) is a cryptocurrency currently ranked #1899 by market capitalisation.

Source: isthiscoinascam.com

Overview

StakeWise is a liquid staking protocol for Ethereum that allows users to tokenize their deposits and staking rewards. Users receive two types of tokens: sETH2, which represents the deposited Ether, and rETH2, which represents the staking rewards.

These tokens are mapped 1:1 to Ether within the Pool, enabling their use as a representation of staked Ether in decentralized finance applications. The protocol facilitates participation in Ethereum staking while maintaining liquidity for users.

Scam-risk analysis

StakeWise has a moderate score — some risk signals were raised but no critical concerns. Is StakeWise a scam?

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