1 SWISE = ¥0.01649 Chinese Yuan 1 CNY Chinese Yuan = 60.65 SWISE
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View ChartStakeWise is a leading liquid staking protocol built on Ethereum, designed to simplify and enhance the staking experience for ETH holders.
Key takeaways
StakeWise is a decentralized protocol that unlocks liquidity for staked Ethereum, allowing users to earn staking rewards while maintaining the ability to trade or use their staked assets.
| Item | Details |
|---|---|
| Name (Ticker) | StakeWise (SWISE) |
| Alternative Names | - |
| Consensus Mechanism | Ethereum Proof-of-Stake (PoS) |
| Smart Contracts | Yes (Ethereum Virtual Machine) |
| Category | Liquid Staking, DeFi |
| Hash Algorithm | Keccak-256 |
| Block Reward | Ethereum Staking Rewards |
| Max Supply | 1,000,000,000 SWISE |
| TPS | Dependent on the Ethereum network |
| Scaling Solution | Layer 2 solutions (inherits from Ethereum) |
| Blockchain | Ethereum |
The StakeWise protocol was developed by a core team of blockchain engineers and DeFi enthusiasts. The project is now fully governed by the StakeWise DAO (Decentralized Autonomous Organization), a community of SWISE token holders. This transition to community governance aligns with the decentralized ethos of the protocol. The founding team aimed to create a more transparent, non-custodial, and community-driven alternative to existing liquid staking solutions on Ethereum. Development and key decisions are now proposed and voted on by the DAO, ensuring the protocol evolves according to the collective will of its users and stakeholders.
StakeWise operates as a middleware layer on top of Ethereum's consensus layer. When users stake ETH through the protocol, they receive two types of liquid tokens:
This two-token model provides unique advantages. Users can trade sETH2 separately from their future rewards (rETH2), offering more granular financial strategies. The protocol aggregates user deposits to run Ethereum validators. It features two main staking pools:
All smart contracts are non-custodial, meaning users retain control of their assets.
StakeWise differentiates itself in the competitive liquid staking sector through several key features focused on decentralization and user sovereignty.
The SWISE token is the functional and governance backbone of the StakeWise ecosystem.
SWISE is a popular governance token available on several cryptocurrency exchanges. For a secure and user-friendly trading experience with high liquidity, we recommend using a major exchange like BTCC.
To minimize costs, traders should look for ""Maker/Taker"" fees.
BTCC - Stands out as one of the lowest-fee exchanges in the industry, particularly for derivatives. Futures trading fees can be as low as 0.01%, making it a preferred choice for high-frequency or high-volume traders who want to preserve their capital."
Buying SWISE with CNY is supported by most major, regulated exchanges. The best platform depends on your deposit method:
BTCC- A reliable veteran exchange (operating since 2011) where you can easily deposit fiat currency via credit cards or bank transfers to buy USDT. Once your account is funded, you can instantly swap for SWISE/USDT pairs.
To quickly convert SWISE to CNY, you need a platform that offers “instant exchange” or “one-click sell” features.
The cryptocurrency calculator and exchange tool on BTCC provides instant valuations for exchanging SWISE for CNY.
To help users understand the “real-world” value of StakeWise, BTCC allows you to compare your SWISE balance to everyday items such as a monthly salary, an iPhone, or a barrel of crude oil. For new investors assessing their purchasing power, this contextual data is extremely valuable."
Trading SWISE/CNY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit CNY or SWISE into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the SWISE/CNY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you believe the price will rise, place a buy order.
To Sell (Go Short): If you believe the price will fall, you can open a short position (available in derivatives trading like futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Center
Yes, absolutely. BTCC supports multiple ways to gain exposure to StakeWise(SWISE) using CNY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase StakeWise directly.
Trade on the Spot Market: Deposit CNY and place a buy order on the SWISE/CNY spot trading pair using market or limit orders, taking direct ownership of the SWISE.
Trade SWISE/CNY Futures: For more advanced strategies, you can trade SWISE/CNY perpetual or dated futures contracts. This allows you to speculate on StakeWise's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your SWISE to CNY conversion on BTCC:
Access your account by signing in, or create a new BTCC account if needed.
Go to the trading interface and select the SWISE/CNY trading pair.
Input the specific amount of StakeWise you wish to sell.
Verify the displayed exchange rate and your final CNY total.
Confirm and finalize the sell transaction.
Following these steps, your CNY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the "Crypto Converter" section on our website or within the app.
Type the amount of SWISE you want to convert into the first field.
The equivalent value in CNY will be instantly calculated and displayed in the second field, using the latest live market rate.
The SWISE/CNY exchange rate is the current market price at which 1 StakeWise(SWISE) can be exchanged for CNY. In simpler terms, it tells you how many CNY one StakeWise is worth at any given moment.
Currently, one StakeWise is ¥0.01649. The price of 1 StakeWise(SWISE) in CNY is constantly changing due to the 24/7 nature of the global cryptocurrency market. To get the live, real-time price, please check the market data section at the top of our platform or visit our dedicated SWISE to CNY converter.