Solayer has built a hardware-accelerated chain called InfiniSVM, aimed at achieving infinite scalability and real-time streaming. Simply put, it uses dedicated hardware like FPGA and RDMA technology to enhance performance, with a target TPS (transactions per second) exceeding 1 million, even approaching microsecond-level latency. This is not just talk; the project has already demonstrated over 340k+ TPS in the Devnet phase, and the Testnet is also about to go live. Imagine that, on traditional blockchains, transaction confirmations might take several seconds, but Solayer wants it to be instant, like swiping a credit card. This represents a huge leap for DeFi, payments, and gaming applications.
On August 14, they announced that the first governance proposal SIP-1 passed with nearly unanimous approval (99.98%). This proposal establishes the PoS inflation mechanism for InfiniSVM: starting at 8%, decreasing by 15% each year, and ultimately stabilizing at 2%. This looks robust, avoiding the risk of token devaluation due to excessive early inflation while encouraging long-term holding and staking. Community participation is high, with 182 voters, which is not a small number for an emerging project. More importantly, this marks the beginning of Solayer's transition to a community-driven governance model, allowing holders to truly participate in decision-making through the Realms DAO platform.
In addition to governance, Solayer is also making frequent moves at the product level. They are about to launch sBridge, a Solana token bridging tool that does not require whitelisting, capable of automatically wrapping assets, and emphasizes security features such as bridging limits and on-chain replay protection. This addresses many cross-chain pain points, especially within the Solana ecosystem, where asset liquidity has always been a bottleneck. Additionally, the collaboration with WalletConnect is also impressive: they jointly launched a $50,000 WCT reward pool targeting Emerald Card users, sUSD/sSOL holders, and LAYER token holders. The Emerald Card itself is an innovation, a Visa-supported debit card that allows users to spend USDC directly in over 100 countries while earning a 4% yield. This is not just a gimmick; it brings Crypto into daily life, similar to converting staking rewards into real purchasing power.
The recent developments from @Solayer make me more confident about Solana's future. It is not a hype hotspot but a genuine builder mentality. If you are a staking enthusiast or a DeFi player, you might want to give their platform a try.
$LAYER
#builtonsolayer
