| | Symbiotic has officially launched on Ethereum mainnet, introducing a feature-complete shared security protocol with slashing. Plus, Tensor is charting a new course — pivoting away from NFTs — to take an entirely new vector. | | | Tensor's new Vector: | | The Tensor Foundation is evolving beyond its NFT platform to position itself as a core player in the fashionable memecoin economy. The foundation will now steward Vector, a rapidly growing social trading platform for memes. | Vector has already surpassed $25 million in daily trading volume, which translates to an annualized figure of over $9 billion. With fees projected at $90 million per year, the integration significantly increases Tensor's revenue capture. | The impact on TNSR holders may be substantial. The Tensor-governed treasury will now accrue 50% of all fees generated by both Tensor (NFTs) and Vector (memes), thus diversifying its revenue streams. Additionally, users claiming the upcoming Season 4 airdrop through Vector will receive a 25% bonus to incentivize participation. | — Macauley Peterson | | | Code alongside peers in a high energy hackathon. Get hands on with the tools and tech defining the onchain world. Meet collaborators who could shape your next big breakthrough. Brooklyn in the summer will just hit different. Build with us at Permissionless IV. | 📅 June 24–26 | Brooklyn, NY | | | Shared security for sovereign networks | After two years of development, five independent audits and a rigorous code competition, Symbiotic officially launched on Ethereum mainnet yesterday. As the first feature-complete shared security protocol with slashing, Symbiotic provides an immutable, decentralized framework that eliminates single points of failure and external risks for networks looking to secure their ecosystems. | "The logic behind Symbiotic was quite simple," one of its co-founders, Misha Putiatin, explained on The Edge podcast. "How do we do this protocol in a way that has the least amount of drawbacks?" The result is a security layer that is immutable and permissionless. | "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 said. | While blockchain infrastructure has become more modular and accessible, security implementation around new networks has been a cutting-edge design space. Traditionally, these networks faced a difficult trade-off: either invest heavily in building bespoke security solutions or compromise sovereignty by adopting pre-packaged security frameworks. | 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. | With its mainnet launch, Symbiotic has already integrated 13 networks spanning a wide variety of blockchain use cases. To give just a few examples: Capx is an Ethereum layer-2 for AI agent deployment, secured through Symbiotic. HyveDA is a high-throughput decentralized data availability protocol leveraging Symbiotic's restaking infrastructure. Hyperlane is a cross-chain messaging framework for seamless interoperability. And iBTC (formerly DLC.Link) uses Symbiotic restaking to secure its Attestor Network, enabling trust-minimized bitcoin-backed DeFi participation. | Symbiotic cites nearly 50 networks, 78 operators and 55 vaults already integrating the protocol. | The architecture is centered around Vaults — smart contracts that facilitate stake delegation, ensuring economic security through configurable accounting and slashing mechanisms. Stakers deposit assets, operators receive delegations and networks access the security they need, enabling efficient capital utilization across multiple ecosystems while preserving decentralization. | Post-mainnet launch, Symbiotic's focus is shifting to enhance user experience and tooling for network integrations. By standardizing shared security primitives, Symbiotic is positioning itself as the foundational layer that enables networks to achieve self-sovereignty while benefiting from a robust, shared security model. | "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 said.
— Macauley Peterson | | | This week's 0xResearch Roundtable shared insights on crypto market volatility, Trump's executive orders and the future of DeFi. | | The discussion kicked off with the irrational selloff triggered by China's DeepSeek AI model, which Ryan Connor called "the stupidest market selloff I've ever seen." | Trump's executive order marked a "180-degree shift" in US crypto policy: explicitly opposing CBDCs while accelerating stablecoin adoption, said Danny K. Other highlights included USDC's growing dominance and the potential for a US federal digital asset stockpile. "If the government starts stockpiling crypto, adoption will accelerate overnight," was the consensus take. | Jupiter's massive 3 billion token burn and 40% annualized buyback yield raised eyebrows, with some questioning if it's a misallocation of capital or a "DeFi stock buyback." Meanwhile, Solana cemented its role as the hub for memecoins and high-risk trading, but faces technical challenges in competing with HyperLiquid's onchain perps. | In short, "2025 is vindicating our thesis — institutions are coming onchain." But you'll want to tune into the full episode for all the juicy details. | | |  | jesse.base.eth @jessepollak |  |
| |
this is probably the single best view into how @coinbase is thinking of bringing their product onchain strongly recommend watching if you're a @base builder |  Base @base
Want to understand how bitcoin-backed loans are bringing finance onchain? Join @jessepollak, @maxbranzburg, @willrobinson23, and @MorphoLabs' @PaulFrambot for an Onchain Stories Livestream Jan 28th, 9:30am PT / 12:30pm ET x.com/i/broadcasts/1… |
| | | 6:06 PM • Jan 28, 2025 | | | | | | 387 Likes 45 Retweets | 73 Replies |
|
|  | magmar 🇺🇸⚛️ @0xMagmar | |
| |
Hub upgrade just finished. Smoothest and fastest upgrade in Hub history. Massive congrats to the validators and those involved! | | | 4:40 PM • Jan 29, 2025 | | | | | | 264 Likes 23 Retweets | 16 Replies |
|
| |
|  | Brendan Farmer @_bfarmer | |
| |
Credit to L2Beat for making this change. I've argued for a while that OP's fraud proof system doesn't meet the criteria for a Stage 1 rollup because OP can unilaterally disable fraud proofs. This means that the operator of the rollup can steal funds if >25% of the security… x.com/i/web/status/1… | | | 5:39 PM • Jan 29, 2025 | | | | | | 137 Likes 12 Retweets | 7 Replies |
|
|  | Zach Rynes | CLG @ChainLinkGod | |
| |
People keep posting this chart as an explanation for why they're bearish this alt cycle "There's 36M+ tokens! Way too many for retail to try and choose from" But I fundamentally disagree, this chart is actually bullish and is a sign of things to come Firstly, it's worth noting… x.com/i/web/status/1… | |  | | | 7:23 PM • Jan 29, 2025 | | | | | | 236 Likes 21 Retweets | 14 Replies |
|
| |
|
|
|
No comments:
Post a Comment