Solayer is an advanced restaking protocol built on the Solana blockchain. It functions as a Layer 2 solution that aims to enhance Solana's scalability, security, and liquidity. Similar to EigenLayer on Ethereum, Solayer allows users to restake their native SOL tokens to secure additional network services, known as Actively Validated Services (AVSs), while earning extra rewards.
This innovative approach increases the utility of staked assets and strengthens the entire Solana ecosystem by providing a new layer of economic security for decentralized applications and services. The project also introduces sSOL, a liquid restaking token, and has expanded its ecosystem with a real-world asset (RWA) backed stablecoin, sUSD.
@Solayer #BiultonSolayer
$LAYER
This innovative approach increases the utility of staked assets and strengthens the entire Solana ecosystem by providing a new layer of economic security for decentralized applications and services. The project also introduces sSOL, a liquid restaking token, and has expanded its ecosystem with a real-world asset (RWA) backed stablecoin, sUSD.
@Solayer #BiultonSolayer
$LAYER
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