Symbiosis DeFi Protocol Integrates Milkomeda Network
Multi-chain liquidity protocol Symbiosis Finance has added support for the Milkomeda network.
Milkomeda was originally a sidechain of Cardano. The protocol provides blockchain compatibility with Ethereum Virtual Machine (EVM)-enabled networks. This is achieved through second level solutions based on ZK-Rollups technology.
The partnership is expected to give Symbiosis users access to Rubic, XDAO, Via Exchange and more.
The protocol has also joined forces with liquidity aggregator OccamX, which will provide Symbiosis with order routing on the network. Institutional clients will have access to CNT and ADA tokens directly through Milkomeda.
The project team launched the Algorand Rollup L2 solution on the Algorand public testnet.