The startup has developed a cryptocurrency platform that enables multichain composability through an automated stake liquidity protocol for proof of stake chains. This platform provides users with a consistent income by allowing them to earn interest perpetually from staking inflation, addressing the challenge of liquidity in staking assets.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Ethereum stakers face challenges in maximizing yield and maintaining liquidity due to the complexities of validator management and the fragmented nature of liquid staking derivatives (LSDs). Existing solutions often require technical expertise or introduce risks associated with bridging assets across multiple chains.
Solution
Blockswap Network provides a suite of Ethereum staking solutions designed to simplify validator operations, optimize yield, and enable multichain composability for staked ETH. The platform offers tools for creating and managing liquid staking networks, optimizing LSD performance, and securely transferring staked ETH across different blockchains without the need for traditional bridges. Blockswap's architecture leverages on-chain data and cryptographic security to ensure transparency and eliminate reliance on intermediaries, empowering users to participate in decentralized ETH staking with greater flexibility and control.
Target Audience
Blockswap Network targets Ethereum stakers, node operators, DeFi developers, and individuals seeking to create and manage their own liquid staking networks.
Features
- **Stakehouse:** Allows users to stake a validator with as little as 4 ETH, participate in MEV capture, and become protected stakers, all while maintaining claimability for ETH 1:1.
- **LSD Networks:** Enables the creation of permissionless or permissioned liquid staking networks with customizable commissions and compatibility with Distributed Validator Technology (DVT).
- **kETH:** An LST optimizer that automatically manages staked ETH tokens and curates high-performing validators for optimized yield.
- **dETH Gateway:** Facilitates cross-chain transfers of staked ETH without bridges, enabling access to staked ETH yield natively on any blockchain or Layer 2 (L2) rollup.
- **Common Interest Protocol (CIP):** An MPC smart contract suite that enhances security for ETH validators by creating a trustless signers network.
- **Developer Tools:** Includes SDKs, templates, and documentation for building applications around staked ETH and curating validator yield.
- **Stakehouse Monitoring:** Provides on-chain monitoring of Stakehouse validator performance.