The protocol opened for deposits on June 11th, and it had been fulfilled with much fanfare and demand: inside a mere 5 hrs of likely Are living, a whopping 41,000 staked wETH had presently been deposited to the protocol - smashing in the First cap!We're thrilled to find out and help what will be developed in addition to Symbiotic’s shared stabili
The main 50 % of 2024 has witnessed the rise of restaking - protocols that allow staked belongings like stETH, wETH, osETH plus much more to get recursively staked to generate compounding rewards.Consequently, initiatives don’t must focus on developing their own personal set of validators, as they will tap into restaking levels.The Symbiotic prot
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