Content
@
0 reply
0 recast
0 reaction
Max
@ps-max
## Symbiotic - a new competitor to Eigenlayer⭐️ Symbiotic is a restaking protocol from the Lido team, similar in functionality to Eigenlayer.
1 reply
0 recast
1 reaction
Max
@ps-max
On May 11, the project received $5.8m in investment from Paradigm. However, this is just the initial investment, as there were reports that Paradigm did not invest in Eigenlayer and decided to incubate its own competitor in order not to miss out on the restaking narrative.
1 reply
0 recast
0 reaction
Max
@ps-max
The project is being followed on Twitter by Paradigm, Pantera, Coinbase, Polychain, Dragonfly and others. Among the partnerships already confirmed are Ethena, LayerZero, Hyperlane and others.
1 reply
0 recast
0 reaction
