"DeFi Revolution: Symbiotic and Diffuse Unlock New Yield Potential"

Diffuse and Symbiotic have joined forces to introduce Collateral Abstraction in the decentralized finance (DeFi) ecosystem. This strategic partnership aims to enhance capital efficiency and introduce a new DeFi primitive, unlocking the potential of assets locked across various Layer 1 and Layer 2 networks.

Currently, a significant portion of assets is locked in Uniswap V3 liquidity pools, facilitating lending procedures and Automated Market Makers (AMMs) to provide liquidity. However, the potential for these assets to generate more yield remains untapped. Through this collaboration, these assets can now participate in restaking and shared security measures, potentially increasing yield while maintaining their current risk profile.

Symbiotic's concept of collateral abstraction may boost yield while preserving a similar risk profile by allowing these assets to engage in restaking and shared security protocols. Diffuse's zkServerless technology enables the implementation and scalability of Collateral Abstraction, ensuring trustless operations across multiple blockchain networks.