Solayer (LAYER) is a restaking protocol built on Solana. It lets users restake their SOL or liquid staking tokens (like mSOL, JitoSOL) to secure additional services across the network. In return, they get sSOL, a liquid token they can use in DeFi.
The project aims to boost Solana’s speed and efficiency by using advanced tech like Infini SVM, which helps handle over a million transactions per second, and stake-weighted quality of service (sw QoS), which gives priority to users who stake more.
LAYER is the native token used for:
Governance (voting on decisions)
Validator rewards
Transaction fees within the Solayer ecosystem
Solayer improves dApp performance, supports DeFi use cases, and helps strengthen Solana’s infrastructure by allowing users to earn more from their staked assets.