Following the successful launch of its development network on the Ethereum Holesky test network, Symbiotic’s staking protocol is advancing towards its mainnet release by the end of the third quarter. This innovative protocol offers users a novel approach to depositing assets to safeguard the security of third-party agreements. Unlike competitors such as EigenLayer, Symbiotic's distinctive feature lies in enabling users to re-stake any asset, thereby providing protection for third-party agreements. It has been revealed that projects like Ethena, LayerZero, and Bolt have explored this platform, indicating its potential in the market. Furthermore, Symbiotic's adoptable modular design, which allows for various combinations of tokens as collateral for re-staking, enhances its flexibility and practicality.