@Solayer er_labs, use hashtag #Builtonsolyer nSolayer and $LAYER
ER Solayer is a significant new protocol in the Solana ecosystem, focusing on restaking and liquid restaking.#BinanceHODLerPROVE
Here’s a breakdown of what “Solayer crypto” refers to:$BNB
Restaking Protocol: Solayer allows users to take their already staked $SOL SOL (Solana’s native cryptocurrency) or Solana-based Liquid Staking Tokens (LSTs) and “restake” them. This means these assets are used to secure or provide services for other protocols or applications, often called Actively Validated Services (AVS).
Liquid Restaking: A key feature is “liquid# restaking.” When you restake assets through Solayer, you typically receive a liquid restaking token (LRT) in return. This LRT represents your restaked position and can be used in other DeFi protocols (e.g., as collateral for loans, in liquidity pools), maintaining your capital’s liquidity while it’s earning restaking rewards.