Source: Coindesk.com
The co-founders of dominant liquid staking protocol Lido, along with the venture capital firm Paradigm, are secretly helping to fund a new company, Symbiotic, that would compete in the fast-growing arena of "restaking," according to people briefed on the matter. Internal company documents obtained by CoinDesk lay out diagrams of how the project would work.
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Source: Coindesk.com