Symbiotic has launched on the Ethereum mainnet, allowing staking with any ERC-20 token

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Bitget2025/01/28 16:37

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.

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