@Solayer 's positioning is not to recreate a kind of LST, but to make sSOL an application layer 'funding interface'. The underlying SOL continues to participate in staking, and the certificate sSOL is read uniformly at the upper layer for eligibility, points, whitelist, lending, and LP; the accompanying sUSD provides a 'stable leg' of stable cash flow. For users, funds switch between 'growth leg ↔ stable leg' through routing, without experiencing uncollateralization and warehouse relocation; for applications, snapshots, settlements, and distributions are verified around the same criteria, significantly reducing operational coordination costs.
This layer of abstraction truly unlocks the minimization of 'switching costs'. In Solana's high-frequency activity scenarios, traditional paths often mean redemption - relocation - re-pledging friction for one lottery/delivery/settlement, with strategy returns eroded by delays and costs. After using sSOL/sUSD as the intermediate layer, the same principal can first increase for market making to deepen liquidity, and when enthusiasm decreases, return to sUSD to stabilize cash flow, and switch back to sSOL before snapshots to light up eligibility, the entire process does not touch the base warehouse, and the certificate can be recognized by multiple protocols by default, forming a 'shared semantics of operation and funding'.
Observability determines the speed of expansion. A Launchpad changed the lottery weight to 'the sSOL weighted balance for the past 14 days', with registration, snapshots, and distributions all using the same certificate criteria, while complaints and churn decreased simultaneously; after the event, part of the rewards entered sUSD, providing the project side with a stable cash flow anchor from day one. Another common model is ticketing: priority ticket purchasing rights are determined by the duration of sSOL holding × balance, and when transferred in the secondary market, rights migrate with the certificate, so the platform's clearing and settlement no longer need to repeatedly align with qualification forms.