Misha (@Psalom) on X (original) (raw)

Misha

Misha

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  A lot of people didn't believe we'd be the first to ship restaking with slashing since coming out of stealth less than a year ago. Well, here it is:
  
  Symbiotic is now live on Ethereum mainnet. After two years of development, five independent audits, and a code competition, we're the first to launch a feature-complete shared security protocol with slashing.
  
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  Symbiotic's mainnet is almost here. After years of diving deep into crypto security, first with MixBytes, then founding Statemind, one thing became crystal clear: auditing alone won't fix what's broken in this space. We found critical vulns in everything from Vyper to entire
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  The Symbiotic twitter account has been compromised. Do not click any links
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  Multisig level security for billions of dollars of assets is not acceptable. If we want to scale DeFi to trillions of dollars then we need to take security more seriously and prioritize decentralization.
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  Scammers are still posting, until further notice consider symbiotic.fi website the source of truth and don't click any twitter links.
  
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  Restaking was just the beginning. Symbiotic has raised $29M in a Series A, led by
  @PanteraCapital
  with participation from
  @cbventures
  . We're building Universal Staking - a foundation that transforms how blockchains implement security and economic alignment.
  
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  Standard crypto playbook: Raise → TGE → Dump vested tokens → Exit This attracts mercenaries optimizing for quick liquidity events. We tell people upfront: this will take years, you'll need to understand complex architecture, and success means long-term ecosystem health over
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  Security Alert: My Telegram account (
  @M1X1Z
  ) has been compromised. Treat everything from that handle as unsafe until further notice, probably indefinitely. Stay vigilant.
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  We are in contact with leading security teams to regain access to the compromised Symbiotic account. Funds and website are safe. Do not click any links or DMs from the account until further notice.
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  Morpho + Compound is a big step towards actual result-driven outcomes, where value prop to users wins out over IP. It's a sign that crypto is maturing and focusing on actual use cases rather than moat-building.
  
  It's official.
  @compoundfinance
  is now building on Morpho! Compound's Morpho-powered vaults are live on
  @0xPolygon
  with $3M in COMP and POL incentives allocated to accelerate growth. Learn more about Compound's new vaults 👇
  
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  getting ready for staking summit
  
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  Take a moment today to explain the importance of decentralization. Be proud, be true
  
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  Things most people don't get about shared security: 1) Faster (and cheaper) operator onboarding democratizes decentralization 2) Instant scale with stable economic security gets you rapid Traction/PMF validation 3) More flexible and streamlined incentivization schemes

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