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Odaily Planet Daily News According to Symbiotic, a project for further staking, in a post on X platform, Symbiotic has reached the upper limit of 41290 wstETH after 5 hours of launch. Other assets can still be staked, and the upper limit will increase over time. As the protocol expands initially, more assets will be added.
Yesterday, Symbiotic 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, enabling network builders to control and adjust their re-staking implementations in a permissionless manner.