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Symbiotic is launched on Ethereum main network, allowing any ERC-20s to pledge

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Reprinted from panewslab

01/29/2025·3M

Panews News on January 28th, Symbiotic, an infrastructure provider, announced that it will be launched today in Ethereum main network, becoming the first completely licensed pledge agreement that runs in the production environment.

The protocol allows users to use any ERC-20s to pledge and achieve the reduction mechanism to ensure network security. Many projects have planned to deploy applications based on Symbiotic, including Chainbound and Router.

Earlier news, Mind Network, full-state encrypted network, completed the $ 10 million Pre-A round of financing, and Animoca Brands participated in the investment .

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