#BuiltonSolayer @Solayer
Here’s a quick visual overview of Solayer’s content and applications from trusted sources:
What is Solayer and its content?
Solayer (LAYER) is a Layer-2 protocol built on the Solana network, aimed at enhancing liquidity and scalability within the network. The project can be viewed as a "global liquidity layer" supporting decentralized applications (dApps) and liquidity representations (LRTs).
Transaction volume and network speed
Solayer relies on the hardware-accelerated InfiniSVM architecture, which utilizes technologies such as SDN (Software Defined Networking) and RDMA (Remote Direct Memory Access) and InfiniBand technology to achieve:
Over 1 million transactions per second (TPS)
Network bandwidth exceeding 100 Gbps
Near-zero latency.
Restaking
Solayer's restaking protocol is native to Solana:
Users can restake SOL tokens or liquid staking tokens (LSTs) to secure additional layers or services.
When staking, they receive the sSOL token, which is a liquidity token reflecting the value of the assets and remains usable in DeFi or within dApps.
Tools and tokens within the ecosystem
LAYER is the native governance token: used for upgrades, treasury management, grants, and protocol governance.
Other tokens:
sSOL: A liquidity token usable in DeFi.
sUSD: The first synthetic stablecoin backed by real financial assets such as U.S. Treasury bonds.