GETH to ETH Swaps: Available on May 25
Dear Guarda Wallet users,
We are excited to inform you that the liquidity replenishment funds have already been withdrawn from all previously exited validators. As we’ve mentioned before, we aim to ensure replenishment at fixed hours, and therefore, the resumption of GETH-ETH swaps with a liquidity of 175 ETH will take place starting from 9 AM UTC on May 25th.
Currently, the Guarda team is working on maintaining a reasonable balance between the demand for withdrawing ETH from staking via swaps and the volume of funds being staked. This effort is aimed at minimizing unnecessary validator shutdowns, thereby preserving the APR for the rewards of existing GETH holders who are not planning to withdraw funds just yet. We are dedicated to preserving a smooth staking experience for all users.
Thank you for your patience. Stay tuned for updates on our Blog and social networks.
Guarda Wallet Team