Article three: Practical applications of the @Solayer project in the web3 world

Introduction

After reviewing the introduction to Solayer and its technical architecture in the previous articles, we now move on to explore the practical applications of this protocol in the web3 world. How can its users and developers benefit from it in daily life?

1. Using sSOL in decentralized finance (DeFi)

sSOL, the liquid token resulting from the Restaking process, is considered a core asset in the Solayer ecosystem. It can be used in many DeFi applications such as lending, trading, and providing liquidity. For example, sSOL can be used as collateral on lending platforms or traded on decentralized exchanges like Raydium and Orca.

2. Providing liquidity through sUSD

The #Solayer project also launched a stablecoin called sUSD, which is backed by yields from U.S. Treasury bonds. This currency allows users to earn fixed returns of 4-5% annually, making it an attractive option for investors seeking low-risk investments.

3. Enhancing the performance of decentralized applications (dApps)

By using InfiniSVM, decentralized applications on Solana can significantly improve their performance. This protocol allows applications to use network resources more efficiently, enhancing transaction speed and reducing costs.

4. Scaling applications through AVS

Solayer enables developers to create Active Verified Services (AVS), which are services that operate in parallel with the Solana mainnet. These services can be used to scale applications and provide additional advanced functionalities without affecting the performance of the main network.

Conclusion

The Solayer project offers a variety of practical applications that contribute to enhancing the performance of the Solana network and expanding its use in the web3 world. By using sSOL and sUSD, users and developers can take advantage of Restaking and InfiniSVM to maximize the benefits of the network.

Sources

This article has been prepared based on:

Official website of the Solayer project

Educational articles from Gate.io and CoinMarketCap Academy

Report from OKX Learn

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