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The very first fifty percent of 2024 has noticed the increase of restaking - protocols that allow staked assets like stETH, wETH, osETH and even more to get recursively staked to gain compounding benefits.Customizable Parameters: Networks utilizing Symbiotic can pick out their collateral assets, node operators, rewards, and slashing circumstances.
The protocol opened for deposits on June eleventh, and it absolutely was met with Significantly fanfare and demand from customers: within a mere 5 hours of likely Dwell, a whopping 41,000 staked wETH experienced now been deposited in to the protocol - smashing with the initial cap!Ethena's integration with Symbiotic demonstrates how protocols can t
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