Symbiotic Launches First Fully Permissionless Restaking Protocol on Ethereum Mainnet After Two Years of Development
Symbiotic has officially launched its first fully permissionless and modular restaking protocol on the Ethereum mainnet. This launch follows two years of development, five independent audits, and a code competition.
The new protocol is notable for being the first feature-complete shared security protocol to implement slashing in a production environment. The launch is seen as a significant milestone in the evolution of restaking, with expectations for new networks to build upon this foundation in the coming months.
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