The Staking Protocol Symbiotic will go live on the Ethereum mainnet today, allowing staking with any ERC-20 token.

BlockBeats News, January 28th, Staking infrastructure provider Symbiotic announced that it will launch on the Ethereum mainnet today, becoming the first fully permissionless staking protocol to run in a production environment.

This protocol allows users to stake any ERC-20 token and implements a slashing mechanism to ensure network security. Several projects have already planned to deploy applications based on Symbiotic, including Chainbound and Router, among others. (The Block)