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
The U.S. budget deficit for November was $173 billion.
U.S. President Trump: The rate cut is too small, it could have been larger.
Ross: The Federal Reserve may not cut interest rates in the first half of next year
U.S. Treasury yields decline, 10-year yield falls to 4.145%
Trending news
MoreCrypto prices
More
