ALERT: @symbioticfi launched its restaking platform on June 11, 2024 🚨 A thread (1/5) Symbiotic is a permissionless protocol providing shared security through restaking, similar to @eigenlayer and @Karak_Network. Symbiotic Overview: Product Concept: Shared security via restaking Funds Raised: $5.8M Backers: @paradigm and @cyberFund_ Supported Chain: #Ethereum Total Value Locked: $244M Let's break down this thread and our dashboard to evaluate the on-chain state of the protocol👇