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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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Jinse Caijing reported that the re-staking project Symbiotic officially launched and announced the completion of a $5.8 million seed round of financing, led by Paradigm and Cyber Fund. Symbiotic is a shared security protocol that acts as a thin coordination layer, allowing network builders to control and adjust their re-staking implementation in a permissionless manner. Symbiotic's modular design is flexible, supporting any token combination as collateral for re-staking, with slashing and reward logic fully configurable.