SOLayer Ecosystem Overview

sSOL token is the native liquid staking token of Solayer, representing staked SOL (Solana) in the re-staking network. This token is crucial for the Solayer ecosystem, providing users with liquidity representation for their staked assets, which can be traded or used in various DeFi protocols.

Holding sSOL allows users to earn staking rewards while maintaining the flexibility to participate in other DeFi activities.

Solayer is building the first hardware-accelerated SVM blockchain, InfiniSVM, and launching the first Solana re-staking protocol, which has attracted over 500MM in TVL and 300,000+ independent depositors. In addition, the team has launched sUSD, which is Solana's first interest-bearing, RWA-supported stablecoin.