On August 16th, ether.fi will collaborate with Symbiotic to deploy the network, and the two parties will jointly explore the combination of decentralized validator network (DVN) and Oracle Machine (Oracle) service network. Currently, ether.fi and LayerZero are building the DVN service, which will run as a network in the Symbiotic ecosystem. In addition, ether.fi will connect the Oracle instance running on Symbiotic as a committee member to its network, creating a nested multisig committee structure. Initially, this service will be used for the eETH/weETH reconstruction and will be extended to a broader range of core protocol management tasks in the future.
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ether.fi will cooperate with Symbiotic for network deployment
On August 16th, ether.fi will collaborate with Symbiotic to deploy the network, and the two parties will jointly explore the combination of decentralized validator network (DVN) and Oracle Machine (Oracle) service network. Currently, ether.fi and LayerZero are building the DVN service, which will run as a network in the Symbiotic ecosystem. In addition, ether.fi will connect the Oracle instance running on Symbiotic as a committee member to its network, creating a nested multisig committee structure. Initially, this service will be used for the eETH/weETH reconstruction and will be extended to a broader range of core protocol management tasks in the future.