Symbiotic Launches ‘Relay’ to Bring Secure Staking Across Chains
Symbiotic, a universal staking protocol and EigenLayer rival, has launched Relay, a software development kit (SDK) that allows protocols to stake assets on Ethereum and verify that stake across any blockchain. Staking is a system for securing blockchains in exchange for rewards. In staking systems, so-called validators commit callateral — called “stake” — for a … Read more