Solayer is a re-staking platform on Solana that allows users to stake assets like SOL and LRT to earn rewards, and also re-stake staked assets on Solana validators.
The core technology of Solayer is InfiniSVM, which utilizes parallel instruction sets and FPGA hardware acceleration, aiming to achieve millions of TPS by the end of 2025 to improve the scalability issues of the Solana ecosystem. Its native governance token is LAYER, with a total supply of 1 billion tokens, an initial circulation of 220 million tokens, and more than half of the allocation going to the community and ecosystem, while the core team, investors, and the foundation each have their share.
Solayer's advantages include having raised $12 million in funding, a valuation of $80 million, and a TVL exceeding $196 million, making it the 13th largest protocol on Solana. At the same time, it focuses on native Solana DApps, differentiating itself from other re-staking platforms. However, it also has some disadvantages such as hardware dependency that may lead to node centralization, the need for third-party code audits, limited ecological application scenarios, and a lack of standout features compared to competitors.
In the future, Solayer plans to launch the InfiniSVM blockchain and promote more community incentive initiatives, continuously deepening construction around the Solana ecosystem to enhance its influence.
