Solayer’s engine is sSOL, a yield-bearing token that redefines how SOL operates.
Here’s the breakdown:
sSOL: The Liquidity Powerhouse
Users deposit SOL into Solayer and receive sSOL, a token that earns yield and powers ecosystem liquidity. It bridges staking and DeFi, making SOL more versatile.
Delegating to dApps
sSOL can be allocated to dApps, providing them the bandwidth to handle more transactions. In return, users earn staking rewards plus a share of dApp revenue—a win-win for scalability and profits.
DeFi Yield Boost
Through partnerships with platforms like Kamino and Orca, sSOL can be deployed in liquidity vaults or concentrated liquidity pools, generating passive income from token swaps with minimal effort.
Hands-Free Automation
Solayer simplifies liquidity provision with automated tools. Kamino’s vaults and Orca’s Concentrated Liquidity AMM optimize returns, reduce slippage, and make participation accessible to all.
Reliable Pricing
Solayer uses Pyth Network oracles to ensure sSOL’s value mirrors SOL’s market price, maintaining transparency and trust.
Versatile Use Cases
sSOL isn’t just for staking or pools it can be used as collateral in lending markets, borrowed for leverage, or traded on DEXs like Raydium and Orca, making it a Swiss Army knife for DeFi.