Lido Co-Founder, Paradigm Secretly Supports EigenLayer Competitors in DeFi Battleline Form

Similar to EigenLayer, Symbiotic provides a way for decentralized applications, called Actively Verified Services, or “AVS,” to collectively protect each other. Users can: Re-stake In return for rewards, you deposit assets into other cryptographic protocols that help secure AVS, such as Rollups, Interoperability Infrastructure, or Oracles.