Diffuse And Symbiotic Partner To Introduce Collateral Abstraction In Decentralized Finance | HackerNoon
Briefly

Diffuse has announced a strategic collaboration with Symbiotic to introduce Collateral Abstraction, a novel methodology that aims to enhance the potential of locked assets in decentralized finance (DeFi). This initiative targets the underutilized assets within liquidity pools like Uniswap V3, leveraging Diffuse's zkServerless technology. By allowing these assets to partake in restaking and shared security protocols, the partnership hopes to increase yield opportunities while keeping existing risk profiles intact. The collaborative move strives to redefine asset utilization in the DeFi ecosystem.
“Collateral Abstraction allows locked assets to participate in restaking and shared security protocols, potentially increasing yield while maintaining risk profiles.”
“Diffuse’s zkServerless technology ensures practical and scalable implementation of Collateral Abstraction across multiple blockchain networks.”
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