Interview with Daniel, founder of Swell: TVL reached $73 million in 6 months, how did Swell do it?

**CoinVoice: Tell us about yourself and your background in crypto. **

Daniel: I’m Daniel, the founder of Swell, an Ethereum mobile investment protocol powered by the Framework, IOSG, Maven 11, and Apollo. My background and experience includes angel investments in projects such as Maverick, Ethena labs, Prisma Finance, Redstone and Ion Protocol. Prior to starting Swell, I was a former web2 entrepreneur and former corporate advisor/portfolio manager.

CoinVoice: Can you tell us a little bit about Swell? **

Daniel: Swell is an emerging Ethereum liquidity staking protocol that is one of the fastest growing protocols in the DeFi space. In the case of cold start, approximately 50,000 ETH were staked in 5 months and 40+ protocols were integrated.

**CoinVoice: One of the fastest-growing deFi protocols in 2023, Swell reached $73 million in TVL in about six months. Can you tell us what you’ve done and what other accomplishments Swell has achieved this year? **

Daniel: Swell has achieved rapid growth by attracting more than 13,000 people through strong partnerships with numerous partners in the ecosystem and an innovative go-to-market strategy called voyage.

Voyage introduced:

**CoinVoice: As an important base layer, the LST track is highly competitive. What is the core difference between Swell and your competitors and why are you able to gain market share so quickly? **

Daniel: Swell is uniquely positioned to build DeFi’s liquidity staking level and therefore has solid support in the cryptocurrency community. In addition, Swell has made some innovations in liquidity staking.

For example, Swell is the first platform to implement Chainlink PoR, providing a higher level of transparency.

• Swell is the first liquidity staking protocol to leverage layerzero for full chain, making swETH ubiquitous worldwide.
• Swell also launched an innovative “Voyage” campaign designed to drive user adoption and usage. Going forward, Swell will continue to drive innovation in the liquidity staking space, delivering dramatic improvements to the staking experience by introducing a voting lock/measurement mechanism, developing novel liquidity re-staking principles, and providing a best-in-class user interface.

CoinVoice: Do you have any thoughts on the LSDfi market for the next step? **

Daniel: The next LSDfi marketplace could be restaking, most likely re-staking backed by Eigenlayer.

CoinVoice: Will there be more Defi protocol level interaction between your product and Layer2? **

Daniel: Yes, Swell is focused on providing as many interactions/integrations as possible in Ethereum and scaling across chains.

**CoinVoice: The bear market is likely to last for some time, what are your plans for various aspects such as product and market strategy? **

Daniel: The bear market is a great time to build, and we’re going to focus on major product upgrades. We will continue to listen to feedback from the community and provide new next-generation liquidity staking solutions.