Jinse Caijing reported that the re-staking project Symbiotic officially launched and announced the completion of a $5.8 million seed round of financing, led by Paradigm and Cyber Fund. Symbiotic is a shared security protocol that acts as a thin coordination layer, allowing network builders to control and adjust their re-staking implementation in a permissionless manner. Symbiotic's modular design is flexible, supporting any token combination as collateral for re-staking, with slashing and reward logic fully configurable.

Odaily Planet Daily News According to Symbiotic, a project for further staking, in a post on X platform, Symbiotic has reached the upper limit of 41290 wstETH after 5 hours of launch. Other assets can still be staked, and the upper limit will increase over time. As the protocol expands initially, more assets will be added. Yesterday, Symbiotic announced the completion of a $5.8 million seed round of financing, led by Paradigm and Cyber Fund. Symbiotic is a shared security protocol that acts as a thin coordination layer, enabling network builders to control and adjust their re-staking implementations in a permissionless manner.

Odaily Planet Daily News: Social L2 project Cyber ​​posted on X platform that the Early Access of Cyber​​ Mainnet Staking is now open. CYBER stakers have two options: 1) choose to participate in the Early Access to get more rewards; 2) take no action and claim the rewards on June 8. The Early Access window will last until June 3. On June 8th, when Cyber ​​Mainnet Staking launches, 1 million CYBER rewards will be distributed to current stakers. Earlier news, CyberConnect announced its rebranding to the social L2 project Cyber and launched the mainnet.

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Polyhedra Network announced on the X platform that it deeply apologizes for any inconvenience caused during the code modification process. To make up for any inconvenience, a four-week high-yield Polyhedra Network token stake plan will be launched on June 10. Participants will receive ETHFI, CYBER, and ID rewards.

Odaily Planet Daily News AltLayer announced the launch of the third MACH AVS powered by EigenLayer for Cyber. MACH is a unique re-stake Rollup product that provides a fast finality layer for Rollup. MACH operates as an AVS on top of EigenLayer's re-staking mechanism.

Odaily Planet Daily News: Cyber announced that it will stop the stake of the current season 2 on June 3. At that time, a snapshot of the stake scores will be taken and rewards will be calculated based on the snapshot on June 3. In addition, due to the complexity of its stake design and the longer-than-expected contract review time, the stake on the Cyber Mainnet will be delayed by one week and is scheduled to be launched on June 14th. Currently, stake users can choose to participate in the Mainnet stake early bird activity on the Cyber official website before June 3rd to receive more rewards and migrate to the Cyber Mainnet for free. The main changes are as follows: 1. The end date of the second season and the snapshot date have been changed from June 8 to June 3. Please make sure to stake before June 3 to participate in the Mainnet staking early bird event and receive additional rewards. 2. Cyber Mainnet stake start date has been postponed from June 8th to June 14th.

PANews, June 7th. Decentralized social network L2 Cyber (formerly CyberConnect) announced that the CYBER token will adopt the LayerZero OFT (Omnichain Fungible Token) standard on June 10, 2024, earlier than the start of mainnet staking on June 14, 2024. The OFT standard is a universal token standard used for sending and receiving tokens across multiple blockchains. It consists of a set of smart contracts that allow tokens to be created, used, and tracked on all blockchains where they are deployed. Currently, the CYBER token is available on the OP mainnet, BNB chain, and Ethereum. In TGE, the maximum total supply of CYBER Token is set at 100 million. However, each network currently has its own total supply, which together make up the maximum total supply of CYBER Token. On June 10, Ethereum will minting 12.3 million CYBER (total supply of OP + BSC). The CYBER supply has not changed, it is just tracked differently. New Tokens will be locked in the OFT adapter contract for bridge purposes only.