Lido Co-Founders, Paradigm Secretly Again EigenLayer Competitor as DeFi Battle Traces Kind

Lido Co-Founders, Paradigm Secretly Again EigenLayer Competitor as DeFi Battle Traces Kind

by Jeremy

Much like EigenLayer, Symbiotic will supply a approach for decentralized purposes, referred to as actively validated providers, or “AVSs,” to collectively safe each other. Customers will be capable of restake belongings that they’ve deposited with different crypto protocols to assist safe these AVSs – be they rollups, interoperability infrastructure, or oracles – in change for rewards.

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