Similar to EigenLayer, Symbiotic will offer a way for decentralized applications, called actively validated services, or “AVSs,” to collectively secure one another. Users will be able to restake assets that they’ve deposited with other crypto protocols to help secure these AVSs – be they rollups, interoperability infrastructure, or oracles – in exchange for rewards.
ABOUT AUTHOR
- BOJ says price increases and Reuters wage expansion
- investment strategy: Easy bull run phase in India: Sandeep Tandon
- Vietnam is targeting fourth-quarter economic growth of 7.6% to 8%, says government. By Reuters
- China’s foreign exchange reserves for September rose more than expected to $3.316 trillion. According to Reuters
- Japan’s top currency diplomat warns against speculative moves as yen falls Author: Reuters
- Rio Tinto confirms plan to acquire Arcadium Lithium by Investing.com
- A Frontier Airlines plane makes an emergency landing after an engine fire
