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Symbiotic, a restaking protocol, will go live on the Ethereum mainnet today, allowing the use of any ERC-20 token for staking

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2025-01-28 15:54:49
Symbiotic, a re-staking infrastructure provider, announced that it will launch the Ethereum mainnet today, becoming the first fully permissionless re-staking protocol to run in a production environment.
The protocol allows users to pledge any ERC-20 tokens and implement a reduction mechanism to ensure cyber security. Several projects have planned to deploy applications based on Symbiotic, including Chainbound and Router.
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