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.
Read More https://www.coindesk.com/tech/2024/05/14/lido-co-founders-paradigm-secretly-back-eigenlayer-competitor-as-defi-battle-lines-form/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The post "Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form" appeared first here Coindesk.com.
Source: Coindesk.com
