Swirl Supercharges IOTA with Liquid Staking—DeFi Just Got a Liquidity Lifeline
IOTA’s ecosystem cracks open a new frontier as Swirl deploys liquid staking—turning locked assets into working capital for DeFi degens. Finally, a use case beyond ’feel-good’ IoT promises.
Liquid staking sidesteps IOTA’s traditional liquidity crunch, letting holders stake and trade simultaneously. No more choosing between network security and chasing yields—Swirl lets you do both while Wall Street fund managers still struggle to explain PoS.
The move could finally give IOTA’s DeFi scene the traction it needs. That is, if anyone remembers it exists after the 427th Ethereum L2 launch this month.
IOTA Foundation touts the utility of liquid staking
Liquid staking has the potential to significantly grow the IOTA ecosystem. Dominik Schiener, Co-Founder and Chair of the IOTA Foundation, emphasized the strategic value of the Swirl integration.
“Our partnership with Swirl enables new forms of utility through DeFi, By equipping the IOTA ecosystem with tools that users need to pursue sustainable capital growth strategies and doing so with the right partners who share in our commitment to decentralization, security, and a user experience marked by diversification, we are setting new standards for the future of decentralized finance,” Dominik Schiener, IOTA Foundation.