Solayer is a leading restaking protocol on Solana with over $130M TVL. It is designed to empower on-chain dApps' and L1 blockchain security while offering users new yield opportunities to utilize their LSTs and receive $sSOL or other vault-specific LRTs in return.
Although the Solayer crypto protocol hasn't mentioned a potential release of its token and isn't running a farming point campaign like other LR protocols, our team assumes it may still conduct one where the main criteria will be the amount of funds deposited and the duration of staking $SOL on the platform. Hence, our team decided to write a comprehensive guide on how to join the Solayer airdrop.
Since there are no clear requirements for becoming eligible for a potential Solayer airdrop, we suggest that qualifying for Solayer Valley claim will be a bare minimum to receive an airdrop in the future. The requirements are:
This means that the most possible ways to obtain eligibility are:
A) Deposit more than 10 SOL into Solayer and invite one user to Solayer
B) Restake more than 10 $SOL until the end of Epoch 5 or better until the end of Epoch 4 (currently running) to qualify for sure as it will have a 6 epochs in sum.
Now, let's proceed to the guide on how to actually use Solayer.
First, visit the Solayer page, connect your wallet and socials, as well as enter invite code - ZSETRK to be redirected to the restaking page.
There, you have options to either stake $SOL in other protocols and restake its LSTs, or restake native Solana tokens on Solayer restaking platform and receive $sSOL in exchange or other LRTs.
Then, proceed to the "delegate" page on the platform and discover multiple options on where to deposit your $sSOL.
Currently, you are able to use only the $sSOL LRT version to restake on the platform, but we assume other LRTs will be added soon.
There, contribute $sSOL into any of the pools available, yet note that none of them currently rewards with an additional APR. Hence, it makes more sense to deposit $sSOL into the Sonic pool as it hasn't released its native token to farm multiple airdrops simultaneously.
Furthermore, once you've restaked more than 10 $SOL and received its LRT, you will be able to invite other users with your own referral code and potentially increase your chances to qualify for the airdrop.
❗️ However, note that Solayer Solana restaking protocol doesn't run any points farming campaigns for restaking or inviting users, so the airdrop is only a potential scenario as no announcements regarding the token have been made yet. Make sure you are aware of this when deciding whether to participate in the Solayer airdrop or not.
In turn, the CoinLaunch team will update the guide as soon as the new information occurs.
Visit the Solayer crypto platform;
Connect your wallet and socials;
Enter the invite code - ZSETRK;
Acquire some $SOL on your Solana wallet;
Deposit $SOL in exchange for $sSOL LST;
Restake $sSOL in the vault, preferably Sonic’s vault;
Wait for the LRTs from other protocols to become available for restaking;
Contribute to the platform and restake them as well;
Await the official announcement about the token release and airdrop;
Receive your tokens.