Solayer - an innovative re-staking protocol in the Solana ecosystem that operates around three core components:
Restaking Pool Manager
The Re-Stake Pool Manager is one of the core components of Solayer, responsible for accepting SOL or Solana-based liquid staking tokens (LST) deposited by users and converting these assets into re-staked sSOL assets. After depositing assets, users receive sSOL tokens, which can be further used to support various decentralized applications (DApps) and active validator services (AVS) on Solana.
Delegation Manager
The role of the delegation manager is to distribute users' sSOL tokens among various AVSs to ensure the proper functioning of the consensus mechanism of these services. Through the delegation manager, users can delegate sSOL to projects such as Sonic Layer 2 Chain, HashKey Cloud infrastructure services, or the Bonk ecosystem. When users delegate sSOL to these services, they receive wrapped SPL tokens as proof of their staking shares. SPL is the primary standard for token exchanges on Solana, similar to ERC-20 on Ethereum.
Reward accounting unit
The reward accounting unit is an autonomous module responsible for calculating user rewards by accessing data in the replay pool manager. These rewards can be used for specific loyalty programs or giveaways in the future.#BuiltonSolayer @Solayer