#Binance's 8th phase holder project - @solayer_labs $LAYER has been announced and will soon be distributed to accounts, trading will start tonight at 22:00 on the 11th! Congratulations again to BNB holders, for more BNB utility, please check here:
📖Next, let's quickly understand what Solayer (LAYER) is!
⁉️What is Solayer?
Solayer initially focused on restaking protocols within the Solana ecosystem, aiming to optimize network resource allocation through staking mechanisms, enhancing the performance of applications on the Solana chain. With technological iterations, Solayer has gradually expanded into a comprehensive ecosystem platform covering restaking services, native yield asset issuance (such as sSOL, sUSD), and independent blockchains (InfiniSVM), aiming to become the 'performance enhancement layer' and 'capital efficiency engine' of the Solana ecosystem.
📍What innovations does Solayer have?
1. InfiniSVM: Redefining the performance boundaries of blockchain
Solayer InfiniSVM is a hardware-accelerated blockchain based on the Solana Virtual Machine (SVM), characterized by:
- 100 Gbps network throughput: Optimizes data transmission efficiency through SDN and RDMA technology;
- 1 millisecond transaction confirmation: Offloads tasks such as sorting and scheduling to dedicated hardware (e.g., FPGA, SmartNIC);
- Dynamic sharding technology: Automatically adjusts the scale of execution clusters based on demand, achieving infinite scalability while maintaining atomic state consistency.
2. Staking Weighted Service (swQoS): Hybrid consensus mechanism, reconstructing resource allocation logic
Solayer's unique Staking Weighted Quality of Service mechanism (swQoS) dynamically allocates block space and transaction priority based on staking amount, resisting witch attacks while providing better network services for high-staking users. For example, the larger the staking amount of a validator, the higher the priority for their transactions to be included in blocks.
3 Native Yield Assets: sSOL and sUSD
- sSOL: A liquid staking token that allows users to earn rewards and participate in restaking after staking SOL;
- sUSD: A synthetic stablecoin backed by U.S. Treasury bonds, pegged to the U.S. dollar and offering a 4.33% annual yield, which users can generate by depositing USDC.
💰Solayer financing?
Solayer has completed two rounds of financing, with a total amount of 12 million USD, investors include:
- Leading institutions: Polychain Capital, Binance Labs;
- Strategic supporters: Solana co-founder Anatoly Yakovenko, Polygon co-founder Sandeep Nailwal, EigenLayer COO Alan Curtis, etc.
Funds are mainly used for InfiniSVM development, ecosystem incentives, and the preparation for governance token issuance.
🛒What products and cases does Solayer have?
1 Core Product Matrix
- Restaking Protocol: Supports staking of assets like SOL and JitoSOL, users can delegate to endogenous active validation services (e-AVS) to earn rewards;
- sSOL/sUSD yield pool: Provides stable returns and supports cross-chain consumption scenarios;
- InfiniSVM Blockchain: A high-performance public chain that operates independently, compatible with Solana dApps and supports complex applications such as AI agents and high-frequency trading.
2 Ecological cooperation cases
- OpenEden: Collaboratively launched sUSD to bring U.S. Treasury bond yields on-chain;
- Solana dApp migration plan: Achieving seamless migration through 'chain abstraction' technology, with several DeFi projects already testing integration.
🔨Total token supply and circulation (the token economics have not yet been announced, so empowerment is not included for now)
• Circulation: Total supply of 1 billion tokens, with Binance HODLer airdropping 30 million tokens (representing 3% of initial supply), an initial circulation of 210 million tokens at the time of listing (representing 21% of initial supply).
📝Summary
Solayer provides scalability solutions for the Solana ecosystem through hardware acceleration and dynamic sharding technology, while enhancing capital efficiency with a restaking mechanism. Its core advantages include:
- Performance breakthrough: 1 millisecond transaction confirmation and infinite scalability to meet high-frequency trading needs;
- Ecological collaboration: From staking protocols to independent public chains, forming a 'Solana-InfiniSVM' bidirectional enhancement flywheel;
- Institutional endorsement: Supported by top capital and industry leaders, accelerating technology implementation.
If the InfiniSVM mainnet launches on schedule and attracts mainstream applications, Solayer is expected to become the core infrastructure of the Solana ecosystem, even challenging Ethereum's position in the high-performance public chain field.
📢It should be noted that Solayer previously conducted a public offering, with a market value of 350 million and a price of around 0.35, currently off-market at 1 dollar.
