Solayer (LAYER) Pros & Cons
Advantages
Pioneering Restaking on Solana: Solayer introduces restaking, enabling users to restake SOL (and other liquid-staked assets) to earn rewards while strengthening network security.
Hardware-accelerated performance: Built on InfiniSVM, Solayer delivers extremely fast transaction speeds—up to 1 million TPS.
Flexible liquidity via sSOL and sUSD: Users receive sSOL or sUSD tokens when staking, which can be used across DeFi, increasing liquidity and utility.
Audited and transparent: Smart contracts are open-source, audited by OtterSec, and governed with multisig protocols.
High funding and partner support: Raised $12M+ in seed funding from Polychain, Hack VC, Binance Labs, and others. Also features numerous ecosystem partnerships.
User enthusiasm: Highly seen as a game-changer:
> “Restaking… makes sense… like getting paid twice… Solayer… people signed up 15 × more than expected.”
Disadvantages
Relative youth and TVL limitations: Although rapidly growing, Solayer’s TVL (~$165M–$180M) remains lower compared to dominant restaking competitors like Jito.
Competition: Faces strong rivals within the Solana ecosystem like Jito and Sanctum, as well as cross-chain solutions like EigenLayer.
Technical and protocol risks: Potential for peg breaks (sSOL vs SOL), slashing risks from validators, and vulnerabilities in smart contracts.
Centralization concerns: The stake-weighted QoS model could lead to large validators dominating resource access.
User complexity: Advanced tooling and concepts may overwhelm casual or non-technical users initially.
