4% Annualized + Global Consumption! This Jade Card makes crypto spending as easy as using Alipay. Crypto Bank is coming!
Recently, I experienced the Solayer project, and it truly impressed me. To be honest, there are too many public chain projects nowadays, but very few can actually deliver results. Solayer is different; it is specifically designed for the Solana ecosystem, focusing on "speed."
The InfiniSVM technology they developed is indeed something special, aiming to elevate Solana's performance to the next level. Solana is already fast enough, but they want to achieve 1 million TPS, which is quite ambitious. The Devnet released in May has already shown some promising signs; it's not just another project making empty promises.
What excites me the most is their sUSD stablecoin and Jade Card. The sUSD is linked to U.S. Treasury bonds, allowing you to earn an annualized return of 4% just by depositing. This is much better than keeping money in a bank, plus it's available for use anytime. The Jade Card is even more convenient, directly linked to Visa, usable globally, and deposits in USDC automatically earn interest, with rewards for purchases. Previously, using cryptocurrency for spending was too complicated; now, one card solves everything.
For coin holders, the staking rewards for SOL provided by Solayer are also very enticing, with an annualized rate of over 12%, significantly higher than regular validator nodes. Moreover, their Mega Validator system looks quite reliable, and security shouldn't be an issue.
Timeline-wise, Solayer has been very active in the past six months: releasing the white paper in January, listing on exchanges in February, starting staking in March, launching the Jade Card in April, and hosting a summit to promote Devnet in May. Each step has been executed solidly, unlike some projects that only shout slogans.
If you are a Solana user or have USDC or SOL and don't know how to use them, Solayer is definitely worth paying attention to. sUSD is suitable for those wanting stable returns, the Jade Card is for those wanting to experience on-chain payments, and SOL staking is for long-term holders.
Personally, I already hold some $LAYER and have applied for the Jade Card. To be honest, in today's market environment, very few projects can truly deliver products, and Solayer is one of them. Next, we will see if they can launch the mainnet and expand their ecosystem. If they succeed, they might really change the way on-chain finance works.
