Symbiotic unveils external rewards to boost shared security

On Wednesday, Symbiotic introduced External Rewards, allowing networks to provide their own token incentives directly to stakers and node operators. This innovation aims to enhance shared security across modular blockchain ecosystems.

Misha Putiatin, co-founder of Symbiotic, stated that this development is vital for the shared security ecosystem, enabling networks to attract investment without rebuilding infrastructure. Protocols like Hyperlane are already benefiting from these rewards.

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