Symbiotic Launches “Relay” to Enable Cross-Chain Secure Staking

PANews reported on June 3 that according to CoinDesk, the staking protocol Symbiotic launched the Relay software development kit (SDK), which allows developers to stake assets on Ethereum and verify the staking status on any blockchain. As a universal version of Symbiotic's re-staking technology, Relay supports the construction of a secure coordination layer for cross-chain decentralized applications.

Symbiotic co-founder Algys Ievlev said that this technology solves the long-standing security verification problem faced by multi-chain protocol developers without relying on trusted relayers or customized infrastructure. By connecting to the Symbiotic network, Relay enables developers to configure cross-chain verification mechanisms and support the construction of bridges, oracles and other applications guaranteed by real equity. This technology is expected to become a new standard for cross-chain protocol coordination, reducing development complexity while ensuring security.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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