SOLAYER platform #LAYER coin related information

Solayer is an innovative organization focusing on the blockchain field:

Basic information

Established in 2024.

Ecological field: Solana ecosystem

Investment: Completed a $12 million seed round of financing, led by Polychain Capital and Hack VC, and participated in the investment by many well-known institutions such as Binance Labs and many industry leaders.

Core business:

Re-staking service: It is a re-staking project based on the Solana blockchain, allowing Sol holders to pledge their assets to other Solana ecosystem protocols or DApp services that require security and trust. In addition to POS staking income, they can also obtain MEV and AVS and other income

Total number of tokens: 1 billion

Initial circulation: 220 million

Token distribution:

Community and ecosystem: 51.23%. 34.23% of the total will be used for continued R&D, developer programs, ecosystem development, and other user activities; 14% will be used for community activities/incentives, of which 12% will be reserved for Genesis Drop airdrops

Core contributors: 17.11%, with a 1-year lockup period and a gradual release over 3 years

Investors: 16.66%, sold to investors, with a 1-year lockup period and a gradual release over 2 years

Solayer Foundation: 15%, used to support product expansion and network development, released every 3 months for 4 years

Airdrop allocation ratio: Solayer reserves 12% of the total supply for the Genesis Drop airdrop

Airdrop targets: including Solayer sSOL and sUSD holders, users who deposit sSOL or sUSD in cooperative DeFi protocols, users who deposit whitelisted LST on Solayer, etc.

Issuance time: unlocked at the first airdrop, and the tokens will continue to be issued in each Epoch for the next 6 months

Personal analysis, it is worth noting that LAYER will be listed on major exchanges tonight. Can Binance break the curse of peaking as soon as it is launched in the past six months! Pay attention to pre-market trading

Estimated opening price, how much can you buy?

According to the financing ratio of US$12 million and the valuation of US$80 million. The maximum supply of LAYER tokens is 1 billion, the initial circulation is 220 million, and the valuation is about US$0.36 per coin. It is possible to increase the opening price five times, that is, the circulation market value of US$396 million opens, which is converted into a price of about US$1.8 per coin. But in addition, Binance launched it as a HODLer airdrop project, which makes the opening price confusing!