Is it possible to revive Symbiotic’s restaking story?

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Yesterday, after two years of work, five independent audits, and a code contest, Symbiotic was officially launched onto the Ethereum mainnet. Symbiotic is the first shared security protocol to include slashing. It provides a decentralized, immutable framework for networks that want to protect their ecosystems.

“The logic behind Symbiotic was quite simple,” On The Edge podcast, Misha Pettiatin, one of the company’s co-founders explained. “How do we do this protocol in a way that has the least amount of drawbacks?” It is an immutable layer of protection that requires no permission.

 “The core is immutable, we can’t gatekeep, we can’t change politics, add fees, do break-offs. Do any stuff that can be hurtful, and people should calculate before they choose Symbiotic,” Putiatin is said.

The blockchain has evolved to be more flexible and available, but security has always been an important design element. In the past, networks had to choose between investing heavily in bespoke security systems or compromising sovereignty by adopting security frameworks that were pre-packaged.

Symbiotic resolves this dilemma by offering a neutral coordination framework that allows networks to define every aspect of their security model — from collateral selection and operator management to slashing mechanics — while maintaining full control. Its non-upgradeable core contracts ensure an immutable security foundation,  like Uniswap or Liquity, preventing governance takeovers and external interventions.

Symbiotic launched its mainnet in September and has since integrated thirteen networks that cover a broad range of blockchain applications. Just to give a few examples, Capx (an Ethereum layer-2 agent for AI deployment) is secured via Symbiotic. HyveDA leverages Symbiotic’s data-availability infrastructure to provide high-throughput, decentralized data. Hyperlane provides seamless communication across chains. And iBTC uses Symbiotic Restaking for its Attestor Network to enable bitcoin-backed DeFi.

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According to Symbiotic, nearly 50 networks have integrated the protocol. There are also 78 operators as well 55 vaults.

The architecture is centered around Vaults — smart contracts that facilitate stake delegation, ensuring economic security through configurable accounting and slashing mechanisms. The architecture is centered around Vaults — smart contracts that facilitate stake delegation, while providing economic security through configurable accounting and slashing mechanisms.

Symbiotic will now focus on improving the user experience, and developing tools for integrations with networks. Symbiotic positions itself as a foundational layer by standardizing security primitives. This allows networks to be autonomous while still benefiting from robust shared security models.

“In the future, I see absolutely anybody being able to tap into this kind of shared network to build app chains or verify anything onchain that they need, on demand,” Putiatin is said.

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leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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