Symbiotic’s Devnet Launches on Ethereum Holesky: New Restaking Protocol Aims to Dethrone EigenLayer

TL;DR Symbiotic has launched its Devnet on the Ethereum Holesky test network, marking a key step towards its full deployment. The restaking protocol positions itself as a competitor to EigenLayer, with support for a variety of ERC-20 tokens. It is the first protocol to implement slashing and reward mechanisms in restaking, with a full mainnet ... source: https://crypto-economy.com/symbiotics-devnet-launches-on-ethereum-holesky-new-restaking-protocol-aims-to-dethrone-eigenlayer/