Solayer's native token LAYER serves as a governance and ecosystem incentive tool for the network, with its economic model designed around 'Staking-as-a-Service'. By introducing Re-Stake Pool Manager and Delegation Manager, Solayer not only optimizes user asset return rates but also builds a sustainable ecosystem value cycle.
sSOL: The dual role of re-staked tokens
When users deposit SOL or liquid staking tokens (LST) from the Solana ecosystem into the Solayer platform, they receive sSOL tokens. This token has a dual function: liquidity certificate and governance rights. Users can delegate sSOL to Active Validator Services (AVS) or dApps, supporting their consensus mechanism operation while obtaining packaged SPL tokens as proof of revenue. For example, users delegating to Sonic Layer 2 Chain will receive governance tokens for the corresponding project, participate in ecosystem decisions, and receive transaction fee sharing.
Value transfer path:
1. Users stake SOL → Obtain sSOL
2. sSOL delegated to AVS → Supporting network validation → Obtaining SPL tokens
3. SPL tokens can be traded or participate in ecosystem governance
This design maximizes the liquidity and yield potential of staked assets, allowing users to participate in multi-layer yield scenarios without unlocking their assets.
Economic penalty mechanism of hybrid consensus
Solayer's PoA-S consensus mechanism introduces strict economic penalty (Slashing) rules: If a validating node (Prover) behaves maliciously or a Sequencer submits an invalid block, their staked sSOL will be reduced and redistributed to honest nodes. This mechanism not only guarantees network security but also strengthens the positive cycle of the ecosystem through token redistribution. For example, when a Sequencer is penalized, the released sSOL may flow into the market, driving up the token price and further incentivizing compliant operation of nodes.
Native asset revenue ecosystem: Synergy between sSOL and sUSD
Solayer plans to integrate native yield assets such as sSOL and sUSD within the InfiniSVM network, forming a closed loop of 'staking-yield-restaking'. Users can stake sSOL to InfiniSVM validating nodes to earn network transaction fee revenue; meanwhile, sUSD, as a stablecoin, can provide liquidity mining incentives in DeFi applications. This design deeply binds Solayer's staking ecosystem with Solana's application ecosystem, enhancing user participation and asset utilization efficiency.
Example scenario: A user stakes 1000 SOL to obtain sSOL, delegates to an InfiniSVM node, and earns a 5% fee revenue monthly, while also collateralizing sSOL in the sUSD pool to earn stablecoin revenue for participating in DEX trading or lending protocols.
Value capture of governance token LAYER
LAYER token holders can participate in protocol upgrades, parameter adjustments, and selection of ecosystem partners through on-chain voting. Additionally, LAYER plays a 'fuel' role in transaction fees, staking rewards, and liquidity mining, with its demand directly linked to the activity level of the Solayer ecosystem. For example, when more dApps launch on InfiniSVM, the demand for governance voting on LAYER will increase, driving up the token price.
Token distribution model:
- Foundation and Team (20%): Long-term lock-up, supporting protocol development
- Community incentives (30%): Released through staking rewards and liquidity mining
- Ecosystem collaboration (25%): For strategic cooperation with Solana ecosystem projects
- Reserves (25%): To cope with market fluctuations and future expansion needs
This allocation strategy ensures the liquidity of the tokens and the sustainability of the ecosystem, avoiding the impact of short-term speculative behaviors on the network.
Challenges and optimization of the economic model
Although Solayer's economic model design is sophisticated, it still faces two major challenges:
1. Centralization risk: The authority of Sequencers under the PoA-S mechanism may lead to power concentration, which needs to be mitigated through dynamic node elections and reputation mechanisms.
2. Validator availability: If Provers go offline on a large scale, the speed of transaction verification will decline, necessitating the introduction of an automatic circuit breaker mechanism to pause transactions until nodes recover.
Response strategy: Solayer automatically replaces offline nodes through a dynamic validator adjustment mechanism and plans to establish a non-profit foundation to oversee the behavior of Sequencers, ensuring the degree of network decentralization.
Summary
Through dual drives of technological innovation and economic incentives, Solayer has built an efficient, scalable, and secure staking and application operating environment for the Solana ecosystem. InfiniSVM's hardware acceleration and dynamic sharding technology break through the performance bottlenecks of traditional blockchains, while the re-staking design of sSOL achieves a balance between asset yield and liquidity. As the Solana ecosystem continues to expand, the infrastructure value of Solayer will gradually become apparent, and the long-term potential of its token economic model is worth attention.
