Stake protocol Symbiotic collaborates with the ETH ecosystem abstraction layer Omni

DailyNews

2024-11-11 04:30:58

ETH2,78%

Odaily Planet Daily News: Symbiotic, a re-staking protocol supported by Paradigm and Cyber.Fund, announced a strategic partnership with Omni Network, an abstract layer of the Ethereum ecosystem. The team said, “Omni will integrate Symbiotic’s stake infrastructure, while Symbiotic will leverage Omni’s Cross-Chain Interaction infrastructure to facilitate the first direct deposit of major ETH rollups into the L1 protocol. This marks an important step forward for both ecosystems, enhancing their capabilities and expanding the scope of secure Cross-Chain Interaction.”

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