What is Solayer? Exploring the Liquid Restaking Project on the Solana Platform

In the context of the Solana ecosystem's rapid development, @solayer_labs has quickly established itself as a leading restaking protocol by not only allowing users to leverage SOL and LST tokens to secure AVS services but also opening up many profit-making opportunities through DeFi strategies. So what makes Solayer special? What is Solayer? Solayer is a restaking protocol developed on the Solana blockchain, allowing users to use SOL or LST tokens (Liquid Staking Token) on Solana to earn profits by supporting the security of AVS and related solutions on the Solana blockchain. Unlike EigenLayer on Ethereum, where restaking is used to provide security for external networks and protocols, Solayer chooses a different approach by focusing solely on supporting networks and protocols built within the Solana ecosystem, helping them scale and increase flexibility effectively. This not only optimizes capital usage but also promotes the sustainable development of the Solana ecosystem. Products of Solayer sSOL sSOL is the restaking token of Solayer, issued when users deposit SOL or LST into the system. Users can use sSOL to earn additional profits through the following 2 methods: Restake into AVS: Users can use sSOL to stake into networks and protocols on Solana such as Layer 2, decentralized cloud infrastructure, and dApps that support this token. Participate in DeFi strategies: Not only used to secure the AVS system, sSOL can also be utilized in yield farming activities such as providing liquidity or participating in lending pools. Endogenous AVS (e-AVS) Endogenous AVS are protocols and services that require validation but operate only within Solana, helping to expand and secure this ecosystem. Solayer uses a restaking mechanism through sSOL to provide security for these e-AVS, enabling Layer-2, Web3 services, and dApps on Solana to operate more efficiently. Additionally, Solayer provides the Solana ecosystem with a layer of security, supporting expansion without relying on external solutions. sUSD In addition to restaking, Solayer also participates in the stablecoin sector with sUSD, a stablecoin backed by short-term U.S. Treasury bonds. This helps the stablecoin maintain a stable and safe value, while allowing holders to earn profits from the interest on the Treasury bonds. InfiniSVM InfiniSVM is a blockchain developed by Solayer, aiming to process 1 million transactions per second (TPS) and bandwidth over 100Gbps. The difference of InfiniSVM compared to traditional blockchains lies not only in software optimization but also in the specialized hardware design to accelerate transaction processing. To achieve this, InfiniSVM has applied various advanced technologies such as: multi-executor SVM architecture ( combined with specialized hardware, parallel processing, RDMA acceleration technology, and InfiniBand. This provides InfiniSVM with the following improvements: Supports all wallets compatible with Solana: Users can transact on Solayer using Solana wallets. Insurance bridge between Solana and Solayer: Ensures the safety of assets when moving between the two blockchains. Hooks mechanism: Allows for the automation of transactions, such as arbitrage and liquidation, saving time and optimizing profits. Jumbo Transactions: Increases transaction size limits, helping to handle multiple accounts and complex logic in a single execution. ZK-Login: Allows blockchain login using Google, X, Reddit, making it easier for newcomers to access. How Solayer works

Solayer operates based on three main components: Restaking Pool Manager, Delegation Manager, and Rewards Accounting Unit. Restaking Pool Manager: Receives SOL or LST from users, then converts them into sSOL )restaked SOL(, a type of token that can be used to continue staking and earn additional profit. Delegation Manager: Allows users to restake their sSOL into the AVS of other projects like Sonic SVM, HashKey Cloud, AltLayer,… and receive wrapped SPL tokens as proof of validation. Rewards Accounting Unit: Responsible for calculating rewards based on data from the Restaking Pool Manager, helping to distribute profits to users and supporting loyalty and airdrop programs in the future. In addition, to avoid liquidity fragmentation, which leads to delays when converting between asset types, Solayer has consolidated all liquidity into a single sSOL/SOL pool, allowing LST tokens to be instantly redeemed for sSOL without facing issues of slippage, delays, or high costs. Tokenomics Token information

Token allocation rate The LAYER token is allocated and issued as follows: Airdrop - 12%: Unlock 100% at TGE. Community Sale - 3%: Unlock 100% at TGE. Community Incentives - 2%: Linear vesting over 6 months. Ecosystem - 34.23%: Vesting every 3 months over 4 years. Foundation - 15%: Vesting every 3 months over 4 years. Team and Advisors - 17.11%: 1-year lock, then linear vesting over 3 years. Investors - 16.66%: 1-year lock, then linear vesting over 2 years. The utility of the token The LAYER token is used for: Protocol governance. Encouraging the ecosystem. Staking for network security. Paying gas fees for the Solayer network. Investor

Solayer raised 12 million USD at a valuation of 80 million USD from investors such as Polychain Capital, Binance Labs ) currently YZi Labs(, Big Brain Holdings,… In addition, the project has raised an additional 10.5 million USD from the community through the token sale. Summary Above is all the information about the Solayer project, Coin68 hopes that readers will grasp the basic information to better understand the project and its products. Wishing you more useful knowledge. #BuiltonSolayer $LAYER {spot})LAYERUSDT(