Solayer (LAYER) is a Solana-based restaking protocol designed to improve blockchain security, scalability, and decentralised application (dApp) performance. It allows users to restake SOL tokens or Liquid Staking Tokens (LSTs), enhancing network efficiency and security while optimising asset returns. By introducing innovative staking mechanisms, Solayer strengthens the Solana ecosystem for developers and users alike.
Solayer operates on the Solana blockchain, leveraging a hybrid Proof-of-Authority (PoA) and Proof-of-Stake (PoS) consensus mechanism for improved speed, scalability, and security. Key components include:
Smart contracts automate governance and transaction processing, ensuring efficient staking, validation, and dApp optimisation.
Solayer enhances Solana’s scalability and efficiency, making it valuable for:
Although no specific partnerships have been announced, Solayer's integration within the Solana ecosystem suggests potential collaborations with Solana-based projects.
Solayer was developed by a team of experienced blockchain developers, though specific details on its founding date remain undisclosed. Key milestones include:
As a leader in Solana ecosystem scalability and security, Solayer continues to evolve rapidly, focusing on restaking innovations, efficient resource management, and high-performance blockchain applications.