Re-pledge project Symbiotic: 41290 wstETH cap has been reached, and more assets will be added in the future
Symbiotic, a re-pledge project, said in a post on the X platform that 5 hours after its launch, Symbiotic has reached the upper limit of 41290 wstETH. Other assets can still be pledged, and the upper limit will increase over time. With the initial expansion of the protocol, it will add more assets.
Yesterday, Symbiotic announced the completion of a $5.80 million seed round, led by Paradigm and Cyber Fund.