Introduction
Solayer LAYER is a revolutionary cryptocurrency token powering Solayer, a native restaking protocol on the Solana blockchain. Designed to boost Solana’s scalability and security, Solayer optimizes returns for users while enhancing network bandwidth for decentralized applications (dApps). This guide explores its features, founders, and role in the Solana ecosystem.
Understanding Solayer
What is Solayer?
Solayer is a restaking protocol that allows users to re-stake SOL tokens or Solana-based liquid staking tokens (LSTs). Its architecture comprises three core components:
Restaking Pool Manager
- Converts SOL/LSTs into sSOL (restaked assets).
- Supports dApps and Active Verification Services (AVSs).
Delegation Manager
- Allocates sSOL to AVSs (e.g., Sonic Layer 2, HashKey Cloud).
Reward Accounting Unit
- Calculates rewards for staking activities.
Key Benefits:
✅ Single sSOL/SOL pool minimizes fees.
✅ Addresses liquidity challenges in LST adoption.
Founders and Team
Solayer was co-founded by Anatoly Yakovenko and Raj Gokal (Solana’s creators), alongside:
- Rachel Chu (Co-founder)
- Jason Li (Head of Engineering)
- Joshua Sum (Head of Product)
Backed by Polychain Capital and Binance Labs, Solayer raised $12M in seed funding (August 2023).
Technology Highlights
Solayer’s InfiniSVM architecture leverages:
- Infiniband RDMA for microsecond-speed communication.
- 1M+ TPS and 100Gbps+ bandwidth.
LAYER Token
LAYER is Solayer’s native token, enabling:
- Staking and governance.
- High-yield opportunities via restaking.
Where to Buy: Available on exchanges like OKX.
Solayer Contract Address
Always verify the official contract address through Solayer’s channels or trusted platforms like OKX.
FAQs
1. How does Solayer improve Solana’s security?
By restaking SOL/LSTs, it decentralizes validation and strengthens network consensus.
2. What is sSOL?
A restaked asset representing delegated SOL/LSTs, used to support AVSs.
3. Can I delegate sSOL to multiple projects?
Yes! The Delegation Manager allocates sSOL across AVSs like Bonk.
4. Is LAYER tradable?
Yes, on platforms such as OKX.
Conclusion
Solayer LAYER is redefining restaking on Solana with its high-speed infrastructure and user-centric design. Backed by industry leaders and cutting-edge tech, it’s a top choice for scalable dApps and optimized staking.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct independent research.
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