#BuiltonSolayer 🚀 Solayer: Powering Solana's Restaking Revolution
The hashtag #BuiltonSolayer signifies the emerging ecosystem centered around Solayer, the first restaking protocol on Solana. Acting as the "EigenLayer for Solana," Solayer allows users to restake their SOL and Liquid Staking Tokens (LSTs) like $jitoSOL to enhance the security of various decentralized applications (dApps) and networks, known as AVSs.
This innovation unlocks collective value, turning staked assets into multifaceted instruments for cryptoeconomic security and generating compounded yield for users. Projects leveraging this shared security model benefit from lower barriers to entry, ultimately fostering a more scalable, robust, and community-driven future for the Solana blockchain. $LAYER is the native governance token, empowering community decisions.
