1. Introduction to Solayer & Mission

Solayer is an advanced restaking platform built natively on the Solana ecosystem, designed to expand proof-of-stake economic principles to enhance security for decentralized systems and decentralized applications (dApps). Users can participate in a decentralized validator network, contributing to the security and functionality of the Solana ecosystem.

Through staking assets, users not only help decentralize Solana but also earn rewards from MEV-boost and Actively Validated Services (AVS).

Solayer's mission is to provide security for Solana-based dApps and prioritize transaction inclusion, ensuring a strong foundation for the network while allowing dApps to secure block space effectively.

2. Key Features of Solayer

Solayer SOL

  • Solana-Native Restaking: Unlike EigenLayer on Ethereum, Solayer focuses on endogenous AVS, ensuring seamless integration with Solanaā€™s ecosystem.

  • Stake-weighted Quality of Service (QoS): Allows dApps to prioritize transaction processing, ensuring higher speed and stability without reliance on third-party RPC nodes.

  • Solayer AVS Token (sSOL): Users can convert SOL into sSOL, a Liquid Staking Token (LST) that generates dual yields from Solana POS staking and MEV yield.

  • High Liquidity with Pooled Liquidity Model: Minimizes slippage and optimizes unstaking processes, providing users with instant access to their funds.

  • Stake Management for dApps: dApps can pool staking from users to enhance security and transaction efficiency.

3. Tokenomics / Distribution

To ensureĀ broad decentralization,Ā $LAYERĀ is being distributed through both theĀ community sale of our Emerald CardĀ and ourĀ genesis airdrop for early adopters.

ā€‹Community & Ecosystem [51.23%]

  • 34.23%Ā is forĀ continued R&D, developer programs, ecosystem growth, and other user activities.

  • 14%Ā is forĀ community events/incentivesĀ (includingĀ 12% reserved for the Genesis DropĀ to reward early adopters and initial claim activities).

  • 3%Ā is distributed via theĀ Emerald Card community sale.

ā€‹Core Contributors [17.11%]

  • Reserved forĀ core contributors and advisors.

ā€‹Investors [16.66%]

  • Allocation forĀ investors.

ā€‹Foundation [15%]

  • Allocated to theĀ Solayer FoundationĀ to supportĀ vertical product expansionĀ andĀ network development.

Distribution chart

LAYER Vesting Schedule

$LAYER tokens will be emitted over time, following the vesting schedule below:

  • Genesis Drop: FullyĀ unvestedĀ at launch.

  • Emerald Card Community Sale: FullyĀ unvestedĀ at launch.

  • Community incentives:Ā Linearly vestedĀ forĀ 6 months.

  • Community & Ecosystem:Ā Vested every 3 monthsĀ overĀ 4 years.

  • Foundation:Ā Vested every 3 monthsĀ overĀ 4 years.

  • Team & Advisors:Ā 1-year cliff, 3 years linear vesting.

  • Investors:Ā 1-year cliff, 2 years linear vesting.

Vesting Plan

4. Roadmap

Roadmap

5. Conclusion

Solayer not only helps dApps optimize staking and transaction efficiency but also creates a sustainable and highly profitable restaking model for users. In the future, Solayer aims to expand support for exogenous AVSs, connecting with other blockchain networks to increase value and interoperability.

šŸ‘‰ Don't miss the opportunity to be part of Solayer and lead the next wave of restaking innovation on Solana! šŸš€

Binance Research Solayer

This article is for informational purposes only. The information provided is not investment advice

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