1/ Symbiotic is a permissionless shared security protocol that helps decentralized networks rapidly build strong, autonomous ecosystems!
Through restaking, it allows assets to provide security for multiple networks (like Rollups, Oracles) and earn rewards!
TVL has exceeded $1.3 billion, with over 40 networks participating!
Highlights overview: Flexible collateral, modular design, capital efficiency MAX!
Want to know why it's so popular? Keep reading!
2/ Team: Top minds in the blockchain security field!
Symbiotic was co-founded by Misha Putiatin (former CEO of MixBytes) and Algys Ievlev (former CTO of MixBytes), backed by the technical support of the blockchain auditing and security company Statemind!
This team from Moscow, now based in Dubai, is deeply engaged in smart contract security, committed to "protecting everything decentralized"! Their experience has made Symbiotic synonymous with safety and innovation!
Logic: Professional audit background = more reliable protocol design!
3/ Investors: Top VC platforms, confidence is overflowing!
Symbiotic has completed $29 million in Series A funding, led by Pantera Capital and Coinbase Ventures, with heavyweight players like Aave, Polygon, Cyber•Fund participating!
Previously, there was also a $5.8 million seed round, backed by Paradigm (Uniswap investor)!
Logical analysis: Support from top VCs indicates that Symbiotic's technology and vision have great potential, with funding accelerating its ecosystem expansion!
The next DeFi unicorn?
4/ Technology: Modular + flexible = invincible!
The core of Symbiotic is a 5-layer architecture:
Economic security: Supports any ERC-20 tokens (ETH, stETH, DeFi assets) as collateral!
Staking layer: Achieve multi-network asset reuse through Vaults!
Infrastructure: Node operators have the freedom to choose, maximizing network autonomy!
Arbitration layer: Customizable penalty/reward mechanisms to incentivize honest behavior!
Service layer: Supports various AVS (Active Verification Services) such as Rollups and Oracles.
Highlights: No multi-signature, immutable, zero fees, extreme decentralization!
5/ Highlights: Why is Symbiotic so explosive?
Asset freedom: Unlike other protocols that restrict collateral assets, Symbiotic supports any ERC-20, and cross-chain assets can also be used.
Efficient restaking: One asset can provide security for multiple networks, doubling capital efficiency!
Ecosystem explosion: Collaborating with over 40 projects such as EtherFi, Swell L2, Hyperlane, LRT (like Super Symbiotic LRT) accounts for over 70% of TVL!
Community-driven: No front-end dependencies, the protocol operates sustainably!
In one sentence: Symbiotic makes decentralized networks safer, more flexible, and more profitable!
6/ Addressing pain points: Directly tackling the core issues of DeFi!
Pain Point 1: High security costs for launching new networks, requiring new token issuance.
Symbiotic solution: Utilizing the security of existing networks (like Ethereum) to lower the launch threshold!
Pain Point 2: Low utilization of collateral assets, poor capital efficiency.
Symbiotic solution: Achieve multi-network asset reuse through Vaults, doubling yields!
Pain Point 3: Security mechanisms are rigid and hard to adapt to diverse needs.
Symbiotic solution: Modular design, allowing networks to freely customize security policies!
Logic: Symbiotic is like "LEGO" for DeFi, flexibly assembled to efficiently solve problems! #DeFi
7/
Logical analysis: Why can Symbiotic win?
Market demand: The restaking market has grown from $1.3 billion to $20 billion, and Symbiotic has seized the opportunity!
Technical advantages: More flexible (supports any asset), more decentralized (no multi-signature) than other protocols.
Ecosystem synergy: Deep integration with LRT projects (such as EtherFi, Mellow) to attract more users and funds.
Capital backing: Support from top VCs and projects ensures long-term development.
Conclusion: Symbiotic is not just a technological innovation but the infrastructure for DeFi security! #Web3
8/
How to participate in Symbiotic? Get on board!
Users: Deposit assets like wETH, stETH through LRT platforms like EtherFi, Mellow, join the Super Symbiotic LRT Vault, earning Symbiotic points and rewards!
Developers: Build AVS based on the Symbiotic protocol, customize security strategies to attract stakers!
Node operators: Run nodes, provide validation services for the network, and earn rewards!
Entry: Visit https://symbiotic.fi or join the Discord community!
9/
Future development: The grand blueprint of Symbiotic!
Short-term: Expand the ecosystem, attract more AVS (like AI networks, cross-chain bridges), aiming for TVL of over $2 billion!
Mid-term: Launch more complex financial models, enhance DeFi integration using "collateral abstraction" functionality!
Long-term: To become the decentralized security "Uniswap," empowering all Web3 networks!
Potential: Symbiotic's modular design allows it to adapt to any new trends in Web3!
Do you believe in its future?
10/
Peer comparison: oic S EigenLayer, Karak
Symbiotic:
Supports any ERC-20 collateral, cross-chain compatible.
Completely decentralized, no multi-signature, no front-end.
Modular design, strong network autonomy.
EigenLayer:
Limited to ETH and specific LST collateral.
Centralization risks (multi-signature exists).
First-mover advantage, leading in TVL.
Karak:
Limited types of collateralized assets.
Emphasizing privacy and AI network support.
Summary: Symbiotic's flexibility and degree of decentralization crushes competitors, with greater long-term potential!
Symbiotic is not just a restaking protocol, but a cornerstone of security in the decentralized world!
Its flexibility, efficiency, and ecosystem explosiveness allow every participant to share in the Web3 dividends!