Layer Coin Overview:
Layer Coin, also called Solayer, is a cryptocurrency built on the Solana blockchain, known for its fast transactions and low fees. It’s designed for DeFi projects and blockchain gaming, enabling quick, cost-efficient transfers, NFT trading, and in-game purchases.
Supply & Distribution:
Total Supply: 1 billion LAYER tokens (fixed, not infinite).
Allocation: Development/team incentives, community & liquidity rewards, reserves & partnerships.
Release Strategy: Gradual distribution to avoid sudden price swings.
Technology:
Operates fully on Solana, using Proof of History (PoH) for speed and scalability.
Integrates with DeFi protocols for swaps, staking, and other services.
Team & Origin:
Developed by a global team including Anatoly Yakovenko & Raj Gokal (Solana founders).
Contributors are worldwide, with many based in the US & Europe.
Future Outlook:
Growth tied to Solana’s expansion, especially in DeFi and gaming.
Roadmap includes partnerships, tech upgrades, and user experience improvements.
Strong potential, but subject to crypto market volatility.