Symbiotic has launched on the Ethereum mainnet, allowing staking with any ERC-20 token
PANews reported on January 28 that re-pledging infrastructure provider Symbiotic announced it will go live on the Ethereum mainnet today, becoming the first fully permissionless re-pledge protocol to operate in a production environment. The protocol allows users to pledge with any ERC-20 token and implements a reduction mechanism to ensure network security. Several projects are planned for deployment based on Symbiotic, including Chainbound and Router.
In previous news, Mind Network, a fully homomorphic encryption network, completed a $10 million Pre-A round of financing with participation from Animoca Brands among others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
eth.limo DNS attacked, Vitalik advises to suspend access and switch to IPFS
Trending news
MoreVietnamese electric vehicle manufacturer VinFast Auto has recently formed strategic partnerships with 14 electric scooter dealers in the Philippines, a move that will significantly accelerate the company's sales network expansion across the country.
eth.limo DNS attacked, Vitalik advises to suspend access and switch to IPFS