Symbiotic to launch mainnet in September, 14 networks including Frax and EtherFi join shared security framework

BlockBeats reported that on August 16, Symbiotic, a provider of re-staking infrastructure, announced that the first 14 networks have joined its shared security framework ecosystem, including Frax, EtherFi, RedStone, Arrakis, Stride, Capx, Primev, Router, Pragma, Hinkal, Inference Labs, Ditto, RollChains, and Leaf.

These projects will use Symbiotic's technology to enhance the security and decentralization of their respective fields, covering DeFi, oracles, cross-chain bridging, AI resource matching, MEV optimization, privacy solutions, and many other aspects. In addition, Symbiotic plans to launch its mainnet in September, and the addition of this partner shows the market's recognition of its shared security solution.