Solayer is a pioneering staking protocol designed to bring shared security technology to the Solana blockchain. It offers $SOL stakers new yield opportunities by staking their $SOL liquid staking tokens to power the security of various dApps and L1 blockchain networks.
Since its inception in 2024, the protocol has managed to attract over $180M in TVL and close a private funding round with Binance Labs.
Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.
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.
<a href="https://coinlaunch.space/projects/solayer/" title="Solayer (LAYER)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/solayer.png" width="224" alt="Solayer (LAYER)"></a>