Binance HODLer Airdrop has airdropped a new project. Solayer is a Solana restaking protocol that aims to improve the security and performance of the Solana network by allowing users to stake their SOL or Liquid Staking Tokens.
.
Solayer’s restaking model is similar to EigenLayer’s restaking model, but it is specifically designed for the Solana network, and it benefits from Solana’s low fees and fast transaction speeds.
.
Users can stake SOL and liquid staking tokens such as mSOL, bSOL, and jitoSOL, and use Solayer’s validator set to develop new projects on Solana with security in mind.
.
LAYER is Solayer’s native token, which can be used for governance as native tokens do, as well as to reward those who restake.
.
Solayer has raised $22.5 million in funding through a seed round and an IDO (Initial Dex Offering), with notable investors including Solana co-founder Anatoly Yakovenko and Polygon co-founder Sandeep Nailwal.
LAYER has a total supply of 1 billion, and its circulating supply will increase to 210 million after listing on Binance.
.
The Binance HODLer Airdrop, which usually surprises users, is a gift for those who stake BNB in Simple Earn products. The airdrop for Solayer was airdropped to those who stake BNB in Simple Earn products between February 1st and 5th. So if you want the HODLer Airdrop, you don’t need to do anything other than HODL your BNB in Simple Earn.
.
For those who didn’t put BNB in Simple Earn this time, don’t be discouraged. By staking BNB in Flexible or Locked Staking now, you can prepare for the next HODLer airdrop and be prepared for both Megadrop and Launchpool at once.
