The closing of the funding round also marks the launch of Symbiotic’s Universal Staking Framework, which aims to be an economic coordination layer that bolsters blockchain security via staking
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Authors
Zoltan Vardai
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Symbiotic
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Symbiotic raises $29M for staking-based universal coordination layer
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Misha Putiatin, co-founder of Symbiotic, said that the Universal Staking Framework is a modular coordination layer that strengthens blockchain security by enabling protocols to evolve custom security models and manage risk through staking
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