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??OPUS people can now seamlessly tap into Symbiotic's restaking capabilities with just a couple clicks on our dApp. If the cap is relifted, merely deposit your belongings to begin earning Symbiotic points, that may shortly be delegated to operators like Refrain A single to earn benefits.
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The protocol opened for deposits on June 11th, and it absolutely was achieved with Substantially fanfare and desire: in a mere five hrs of heading live, a whopping forty one,000 staked wETH had previously been deposited to the protocol - smashing from the First cap!
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The 1st 50 % of 2024 has found the increase of restaking - protocols that make it possible for staked property like stETH, wETH, osETH and more to become recursively staked to generate compounding rewards.
Vaults: the delegation and restaking management layer of Symbiotic that handles three cruci