What does it actually mean for “external rewards” to go live in restaking?
With symbiotic, stakers now earn native incentives directly from the networks they secure, not just points.
Examples: $HYPER from Hyperlane, SPK + Spark Points, ZK proofs (Kalypso), MEV strategies (Primev), appchains (Tanssi), and more.
It basically turns Symbiotic into more than a staking hub. Kinda like the beginnings of a security marketplace, where networks compete to reward their validators.
Hyperlane’s $HYPER rewards are a good first test of whether external incentives can make restaking sustainable.
Try it imo.
External Rewards are now live on @symbioticfi.
Earn native incentives, including token rewards, from leading networks directly through Symbiotic.
13.87K
87
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.