Context Symbiosis protocol V1 was launched in March 2022. Since then, it has been battle-tested in the blood-shading environment of DeFi, proving its usefulness and stability every day. In December 2022, Symbiosis protocol V2 was launched. It inherits the main concepts and the logic of cross-chain operations of V1. On the other hand, due to its organization, it provides much better capital efficiency and can be easily expanded to new blockchains.
Proposal Halt Symbiosis protocol V1 beta:
Key Reasons