🔔 Foreword:
Do you remember when I first entered the circle, no matter what new chain it was, everyone loved to talk about high performance, but when it really went on-chain, it was either stuttering or congested, and during the bull market, it directly crashed. Recently, I have been experiencing@Solayer It can be said to be the performance king specifically tailored for the Solana ecosystem.
#Solayer无限硬件加速 The official description is the next generation of high-performance blockchain, but from my own experience, it feels like a performance BUG on Solana, right?
1️⃣ Project Introduction:
This project is essentially a next-generation Layer1 tailored specifically for the Solana ecosystem. However, it's not just about speed; it aims to solve Solana's longstanding issues with scalability and security from the infrastructure level, and has already delivered several actual products and achievements.
2️⃣ Core Ace:
First, let’s talk about its most core technology: InfiniSVM essentially aims to maximize Solana's speed. Currently, Solana's TPS is already impressive, but Solayer's goal is to start from 1 million TPS, achieved through both hardware acceleration and protocol restructuring, pursuing extreme performance.
🔸 Hardware Acceleration Path: Introduce dedicated computing devices, a true performance booster.
🔸 Protocol Restructuring Path: Rewriting a compatible architecture based on SVM, supporting more flexible concurrency and execution mechanisms.
At the SVM Summit in May this year, Solayer officially released the InfiniSVM Devnet, and initial performance demonstrations have proven the potential of this architecture; it's really not just talk.
3️⃣ sUSD Deconstruction:
sUSD is one of the few that has real asset backing. It is linked to US Treasury bonds, and the USDC deposited automatically enjoys about 4% annualized yield.
This is actually a reconstruction of stablecoins, upgraded from an on-chain circulation tool to an on-chain dollar account that can automatically appreciate, making it very suitable as the underlying asset for fund management and liquidity pools.
4️⃣ SOL Native Staking:
Solayer also supports direct native staking of SOL, with an annualized yield of up to 12%+, which is better than most traditional validator node staking returns.
At the same time, this is also part of building ecological security, enhancing the stability of the chain through an efficient and transparent Mega Validator system, making staking more sustainable.
5️⃣ Jade Card Ecosystem:
This is what I am personally most interested in. A Visa card that is directly on-chain, usable globally, with a 4% yield on USDC deposits (backed by US Treasury), and also allows for card consumption, bridging with the real world.
Previously, buying things required withdrawing coins, exchanging for fiat, and dealing with a bunch of fees. Now, a single card solves it all, and it even comes with a rewards program (recently offering Bitcoin and discounts using Nansen). I feel that if this card can be widely promoted, on-chain payments will really undergo a complete transformation.
6️⃣ Timeline: Ecological Layout and Practical Achievements
➤ January: InfiniSVM Whitepaper Released, Acquired Fuzzland Security Company
➤ February: $LAYER listed on major exchanges
➤ March: Opened SOL staking
➤ April: Jade Card Launch (supports USDC 4% yield + Visa consumption)
➤ May: Hosted SVM Summit, released Devnet, introduced sUSD tipping function, collaborated with Base cross-chain, partnered with Nansen, and airdropped $CHAOS.
This basically covers the four core tracks of chain, coin, card, and stablecoin, aiming for a direction of a 'super hub of on-chain finance'.
💡 Which user groups are suitable to pay attention to Solayer?
1/ For those holding SOL but unsure how to earn yields, consider native staking, which offers high and stable returns.
2/ For those with USDC but don't want it to sit idle, sUSD is a good choice, earning 4% annualized passively.
3/ For those wanting to try the on-chain Visa card consumption experience, you can pay attention to the Jade Card, which supports global consumption and offers rewards.
🎯 In conclusion:
I personally hold a portion of $LAYER and have also applied for the Jade Card. Overall, based on my experience, Solayer is one of the most proactive projects in the Solana ecosystem right now.
Moreover, to be honest, among many public chain projects that are still painting the pie, Solayer is one of the few that is truly getting things done. The next step is to see if they can advance Devnet to the mainnet and further expand the card and sUSD ecosystem.