Symbiotic has launched a Devnet on the Ethereum Holesky testnet, and plans to release its mainnet in Q3.

According to The Block, the staking protocol Symbiotic has launched its development network on the Ethereum Holesky testnet, and the mainnet is expected to be released in the late third quarter. Symbiotic allows users to deposit assets into a secure third-party protocol, and is a competitor to EigenLayer.

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