A thread explaining the full project solair_labs and the $LAYER coin
Newly listed on #Binance
First, what is the goal of the project?
1- Increase transaction speed to improve service quality and create the first restaking standard on Solana.
2 - Hardware-powered blockchain that scales SVM infinitely to achieve high transaction speed and near-zero latency.
3- InfiniBand technology and multi-execution model to increase bandwidth and reduce latency
What are the uses of currency?
1- Governance
2- Participate in proving the stake to earn returns (in the future)
3- To pay the Jazz fees on the network (in the future)
Currency Economics
1 - Total number: 1 billion
2- The amount offered for trading at the time of listing on Binance is 210 million.
i.e. 21%
3 - 30 million coins will be distributed to holders of the $$BNB coin under the #hodler program upon listing and 20 million coins will be distributed later.
The following chart shows how the currencies will be distributed.
This chart shows the duration of unlocking currencies.
