$LAYER Decoding the innovative mechanism of Solayer's re-staking
The re-staking mechanism of Solayer lies at the core of its revolutionary power. This mechanism allows users to re-stake already staked SOL or Liquid Staking Tokens (LST) to support multiple Active Validation Services (AVSs). This approach not only maximizes the efficiency of staked assets but also turns them into tools for security and profit generation.
The process of Solayer’s re-staking involves several key steps: first, users deposit SOL into the Solayer staking pool and receive sSOL-raw tokens. Then, through the manager of the staking pool, sSOL-raw is converted into sSOL, a token with higher utilization in the Solana DeFi ecosystem. Finally, these assets are delegated to MEV-optimized validators to maximize returns.
The entire process is non-custodial and is completed in a single transaction, ensuring efficiency and user control over assets. This structured approach allows users to benefit from both liquidity and staking rewards