🔔 Introduction:
I still remember when I first entered the space, every new chain would talk about high performance, but when it actually went on-chain, it was either lagging or congested, and during a bull market, they would collectively crash. Recently, I have been experiencing @Solayer It can be said to be a performance king specifically built for the Solana ecosystem.
#Solayer无限硬件加速 In official terms, it is the next generation of high-performance blockchain, but based on my experience, it feels like a performance bug on Solana, doesn't it?
1️⃣ Project Introduction:
To put it simply, this project is a next-generation Layer 1 specifically tailored for the Solana ecosystem, but it is not just about speed; it aims to solve Solana's long-standing issues with scalability and security at the infrastructure level, and it has already delivered a number of practical products and achievements.
2️⃣ Core Ace:
First, let's talk about its core technology: InfiniSVM is essentially about maximizing Solana's speed. Currently, Solana's TPS is already impressive, but Solayer aims for a starting target of 1 million TPS, achieved through both hardware acceleration and protocol reconstruction, pursuing extreme performance.
🔸 Hardware Acceleration Path: Introducing dedicated computing devices for a true performance booster.
🔸 Protocol Reconstruction Path: Rewriting based on SVM's compatible architecture, supporting more flexible concurrency and execution mechanisms.
At the SVM Summit in May this year, Solayer officially released the InfiniSVM Devnet, and preliminary performance demonstrations have proven the potential of this architecture; it's not just talk.
3️⃣ sUSD Deconstruction:
sUSD is one of the few that genuinely has asset backing. It is linked to US Treasury bonds, and deposited USDC automatically enjoys about 4% annual yield.
This is actually a reconstruction of stablecoins, upgraded from an on-chain circulation tool to an on-chain dollar account that can automatically appreciate, making it very suitable as a base asset for fund management and liquidity pools.
4️⃣ Native Staking of SOL:
Solayer also supports direct native staking of SOL, with an annual yield of up to 12%+, which is better than most traditional validator node staking yields.
At the same time, this is also part of building ecological security, enhancing chain stability through an efficient and transparent Mega Validator system, and making staking more sustainable.
5️⃣ Emerald Card Ecosystem:
This is what I am personally most interested in. A directly on-chain Visa card that can be used globally, with a 4% yield on deposited USDC (backed by US Treasury bonds), and it can also be used for everyday spending, bridging the gap with the real world.
In the past, buying things required withdrawing coins and converting to fiat, with a ton of transaction fees. Now, it can all be solved with a single card, and it even comes with a rewards program (recently giving out Bitcoin and discounts using Nansen). I feel that if this card can be widely promoted, on-chain payments will really undergo a complete transformation.
6️⃣ Timeline: Ecological Layout and Practical Achievements
➤ January: InfiniSVM white paper released, acquisition of Fuzzland security company
➤ February: $LAYER listed on major exchanges
➤ March: SOL staking opened
➤ April: Emerald Card launched (supports USDC 4% yield + Visa spending)
➤ May: Hosted the SVM Summit, released Devnet, introduced sUSD tipping feature, collaborated with Base for cross-chain, partnered with Nansen, and airdropped $CHAOS.
This basically covers the four core tracks of chain, coin, card, and stablecoin, aiming for a direction of a 'super hub for on-chain finance'.
💡 Which user groups are suitable for focusing on Solayer?
1/ Those holding SOL and unsure how to earn yields can consider native staking, which is high and stable.
2/ For those holding USDC and not wanting it to sit idle, sUSD is a good choice, earning a passive 4% annually.
3/ For those wanting to try the on-chain Visa card spending experience, you can pay attention to the Emerald Card, which supports global spending and offers rewards.
🎯 In Conclusion:
I personally hold a portion of $LAYER , and I have also applied for the Emerald Card. Overall, my experience shows that Solayer is currently one of the most action-oriented projects in the Solana ecosystem.
To be honest, among a bunch of blockchain projects still making promises, Solayer is one of the few that is truly making progress. The next step is to see if they can push Devnet to the mainnet and further expand the card and sUSD ecosystem.
