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Symbiotic’s ’Relay’ Cracks Cross-Chain Staking—No More Security Roulette

Symbiotic’s ’Relay’ Cracks Cross-Chain Staking—No More Security Roulette

Coindesk
Author:
Coindesk
Release Time:
2025-06-03 14:00:00
0

Symbiotic Launches ’Relay’ to Bring Secure Staking Across Chains

Staking just got a multi-chain passport. Symbiotic launches Relay, a protocol that shuttles crypto assets across chains without begging for bridge approvals or sweating slashing risks.

How it works: Relay acts as a universal validator—locking assets on one chain, minting synthetic stakes on another. No more fragmented liquidity or hopscotching between networks. Just compound-and-forget yields, even if your altcoin du jour isn’t the chain’s native flavor.

The catch? It’s still crypto. Audits look solid, but remember: ‘trustless’ systems only work until a whale finds the loophole. (Looking at you, hedge funds who still think ‘APY’ means ‘free money’.)

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