PANews reported on January 28 that stake infrastructure provider Symbiotic announced that it will go live on the Ethereum Mainnet today, becoming the first fully permissionless stake protocol running in a production environment.
The protocol allows users to stake any ERC-20 tokens and implements a slashing mechanism to ensure network security. Several projects have planned to deploy applications based on Symbiotic, including Chainbound and Router.
Earlier news, the fully homomorphic encryption network Mind Network completed a $10 million Pre-A round of financing, with participation from Animoca Brands, among others.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Symbiotic will be launched on the Ethereum Mainnet today, allowing the staking of any ERC-20 Token.
PANews reported on January 28 that stake infrastructure provider Symbiotic announced that it will go live on the Ethereum Mainnet today, becoming the first fully permissionless stake protocol running in a production environment. The protocol allows users to stake any ERC-20 tokens and implements a slashing mechanism to ensure network security. Several projects have planned to deploy applications based on Symbiotic, including Chainbound and Router. Earlier news, the fully homomorphic encryption network Mind Network completed a $10 million Pre-A round of financing, with participation from Animoca Brands, among others.