Paradigm-backed Symbiotic launches Core V2, officially shifting from a re-staking protocol to a collateral market, and will focus on collateral market infrastructure and products in the future. Core V2 supports a shared collateral base for DeFi use cases such as insurance, credit, and RWA, with each vault independently setting risk parameters, allocation caps, collateral types, and loss conditions, executed on-chain. Symbiotic states that when vault funds are idle, they can be routed to lending protocols like Aave and Morpho to generate yield, and will be automatically recalled when related obligations arise; the shared collateral model can improve capital efficiency by approximately 70% compared to independent liquidity pools. The first product based on Core V2, Liquid Lane, was launched last month for instant RWA settlement. (The Block)