Last time when I wrote about Symbiosis, they just launched a BTC bridge.
Recently when I checked, it looked like they had made a big move!
They've just launched their own blockchain, the Symbiosis Chain, and it changes the game.
Here’s the breakdown about the chain:
◾️ @symbiosis_fi chain utilises Arbitrum Nitro as its foundation, resulting in significantly faster and more affordable cross-chain swaps.
◾️ Full setup nodes, explorer, and RPCs handled by Symbiosis along with @Calderaxyz for smooth performance.
◾️ $SIS now powers the chain as the gas token.
◾️ PoS staking with $SIS is coming next, adding even more utility.
◾️ All of this builds on their already solid bridge supporting 43+ networks, including Bitcoin and Tron.
Symbiosis isn’t just upgrading; it’s evolving.
Continuous innovation is needed in Web3, and their current Chain launch shows they are doing things right!
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