According to Bloomberg, EigenLayer, a leader in decentralized finance, has accumulated more than $14 billion in assets since its launch a year ago. Its backers include well-known venture capital firms a16z crypto and Paradigm.
It is reported that a16z crypto and Paradigm may influence the competition between Symbiotic and EigenLayer by influencing digital asset companies in their portfolios to support their preferred heavy staking services.
Some in the cryptocurrency community are concerned that Lido is concentrating too much activity, and Goel said that if the community believes Symbiotic is a relevant party, it could be seen as further market share for Lido.
