Are there only meme coins in the SOL ecosystem? I think not.
We can take a look at some fundamental application tokens in the Solana ecosystem, such as Solayer. If the Sol ecosystem explodes in the future, the mainstream foundational application coins of Sol will inevitably follow suit.
Solayer is an innovative re-staking protocol designed for the Solana ecosystem, aiming to enhance users' asset utilization through multi-layered yield enhancement strategies. Users can directly stake SOL or choose to stake liquid staking tokens (LSTs, such as mSOL or jitoSOL) based on Solana, and re-stake them on the Solayer platform to earn additional rewards beyond the base staking yield.
The core advantage of this protocol lies in its support for various Active Validation Services (AVS) and blockchain solutions within the Solana ecosystem, such as decentralized orderers, cross-chain bridges, and oracle networks. By participating in these services, users can obtain diversified sources of yield while enhancing the security and decentralization of the Solana network. Furthermore, Solayer optimizes capital efficiency through smart contracts, allowing users to flexibly manage their staked assets and potentially provide liquidity tokens for DeFi applications, further unlocking the potential value of staked assets.
The launch of Solayer provides Solana stakers with higher yield potential and broader opportunities for ecosystem participation, and is expected to become an important infrastructure for the Solana re-staking track.
Note: The above content is sponsored by the Square Creator Task Platform.
$LAYER #BuiltonSolayer @Solayer