Restaking Protocol: Allows SOL users or Liquid Staking Tokens (LSTs such as mSOL, bSOL, and others) to reinvest their assets to secure additional services within the Solana network, increasing capital efficiency and providing users with additional rewards.
Core Components:
1. Restaking Pool Manager: Receives assets such as SOL or LST and converts them into new liquid tokens known as sSOL, enabling the user to stake them in support of network services.
2. Delegation Manager: Allocates sSOL tokens to active validation services (AVSs) such as Layer-2 chains, infrastructure services, or DeFi applications to ensure smooth operation and reward distribution.
3. Reward Accounting Unit: An external unit for calculating the rewards that a user receives based on their activity in the protocol (rewards, loyalty bonuses, future airdrops…).
Liquidity Feature: The design of Solayer includes the use of sSOL/SOL in a single pool, reducing price impact and lowering transaction fees for users, facilitating fluidity.
Solayer Functions in the Solana Network.
Enhancing Network Security: By redeploying assets for critical matters such as bridges, oracles, and Layer-2, the security of these services can be enhanced, positively reflecting on the decentralized applications leveraging them.
Scalability Improvement: Acts as a Layer-2 solution that reduces pressure on the Solana network and enhances the speed and efficiency of transactions (users still earn staking rewards while restaking).
Advanced Technical Architecture: The InfiniSVM architecture used by Solayer relies on hardware acceleration and technologies like RDMA and InfiniBand to achieve impressive figures such as over one million transactions per second (1M+ TPS) and a network bandwidth exceeding 100 Gbps.
Role of LAYER Token: It is the native currency of the system (governance token) used for:
Protocol Update Management.
Pay transaction fees.
Rewards for validators and contributors in securing the network.
In the future, support for Proof of Stake (PoS) mechanisms and community expansion of infrastructure.
Summary.
Here is a comprehensive overview of Solayer:
Property: Details.
Protocol Type: Layer-2 restaking on Solana.
Main Goal: Enhance liquidity, security, and network expansion.
Technology Used: InfiniSVM Architecture – Ultra-fast devices.
Token: LAYER – Governance and reward currency.
Usage Improvement: sSOL can be redistributed to DeFi services and infrastructure.
User Benefit: Earn additional rewards, support the network, and maintain liquidity.
