Launched in March 2021, StakeWise is a liquid Ethereum staking protocol that unlocks the earnings potential of ETH2 for DeFi users. Non-custodial in nature, the protocol tokenizes stakers' rewards separately from the deposits, allowing them to apply staked ETH capital in DeFi, reinvest (compound) the returns, and manage staked capital more efficiently. StakeWise also employs several mechanisms to boost the staking APR and rewards users in its native token for liquidity provision and choosing StakeWise, thus putting yield and stake liquidity into focus. The StakeWise protocol is governed by the StakeWise DAO, which uses the SWISE governance token to vote and incentivize the adoption of the protocol. SWISE holders control the protocol parameters (e.g., fees, criteria for placement in the activation queue, choice of node operators, Treasury disbursements, etc.) through frequent voting based on the StakeWise Improvement Proposals (SWIPs). 51% of the SWISE supply will be allocated to the community between 2021 and 2025 to achieve real community-led governance.