Thread by @symbioticfi

Introducing Symbiotic:

Permissionless, flexible restaking.

Today's launch marks the beginning of Symbiotic's bootstrapping phase and the initial onboarding of restaked collateral.

app.symbiotic.fi

In addition to our launch, we're excited to announce our $5.8M seed, co-led by @paradigm and @cyberFund_, two deeply crypto-native funds that share our belief in the power of permissionless shared security.

Symbiotic's modular design is highly flexible. It supports any mix of tokens as restaked collateral. Slashing and reward logic is fully configurable.

Symbiotic is immutable. Non-upgradeable core contracts on Ethereum remove external governance risks and single points of failure.

Symbiotic is capital-efficient. A permissionless, multi-asset, and network-agnostic design enables scalable sourcing of economic security.

Of the various actors required to bootstrap a staking ecosystem, decentralized networks that require economic security play an outsized role in its growth and health.

We're excited to highlight our launch partners joining us on the journey:

We are excited to see and support what will be built on top of Symbiotic’s permissionless restaking primitive.

If you’re building a trust-minimized service and are aligned with our mission, please get in touch with our team!

symbiotic.typeform.com/contact

For more information, refer to our launch blog:



blog.symbiotic.fi/symbiotic-intr…
app.symbiotic.fi

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