Similar to EigenLayer, Symbiotic will provide a way for decentralized applications, called actively validated services, or “AVS,” to collectively secure each other. Users will be able...
The co-founders of dominant liquid staking protocol Lido, along with venture capital firm Paradigm, are secretly helping to fund a new company, Symbiotic, that would compete...
EigenLayer saw its total value locked (TVL) rise to US$10 billion, a substantial increase from its US$1.1 billion valuation at the start of the year. This...
Protocols awarding points to their users proliferate. Points systems generally suggest that a protocol is preparing for an airdrop. The points have potential regulatory benefits. But...
What you will learn 2024 could be the dawn of KYC’d DeFi. Modularity is DeFi’s shiny new toy. How many times can an Ether be staked?...
EigenLayer users began claiming a share of the protocol’s 1.6 billion tokens on Friday. But the tokens will not be transferable for several months, which makes...
Clean diaper is a protocol built on the Ethereum blockchain that introduces a new concept called “resttaking”. The rollback allows users who have already staked their...
What you will learn New DeFi, like liquid restocking, will attract more attention in 2024. The repurchase of liquidity already represents a market of 600 million...
Riding the hype surrounding EigenLayer, fluid restoration protocols are growing at a rapid pace. The code released by two liquid restoration protocols, Renzo and Kelp DAO,...
A version of this article appeared in our Decentralized newsletter of May 7. Register here. general manager, Alex here replacing my colleague Tim. Here’s what caught...
