Symbiotic, a newcomer in the staking arena, has just launched its innovative "permissionless restaking" protocol. This move coincides with the company securing $5.8 million in seed funding, signifying strong investor confidence in Symbiotic's vision.
Read MoreLido, the Ethereum staking giant, is venturing into the burgeoning "restaking" landscape through a strategic collaboration with Symbiotic and Mellow Finance. This move comes as restaking gains traction within the decentralized finance (DeFi) ecosystem, posing a potential challenge to Lido's dominance.
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