Solana, one of the world's leading blockchain platforms, announced the launch of the Solayer mainnet, its innovative token restaking platform.
The Solayer mainnet was launched in collaboration with strategic partners such as Bonk, AltLayer, SonicSVM y Hashkey Cloud. This release is a major initiative in the evolution of Solana to offer developers and users a new way to maximize the performance of their assets in a decentralized and efficient environment.
Solayer mainnet is live
El launch of the Solayer mainnet marks a significant milestone in the development of decentralized infrastructures. With a clear vision and constant work, Solayer has managed to integrate complex systems and pass load tests, demonstrating its commitment to creating a robust and efficient platform.
Solayer's cloud infrastructure offers dApp developers the ability to manage and collect staked tokens, which not only optimizes the staking process but also boosts network security and scalability. This advancement represents a step forward in the evolution of blockchain networks, providing essential tools for growth and innovation in the decentralized application space.
AltLayer, one of Solayes' partners, highlighted the mainnet launch as a milestone that marks the beginning of restaking on the SOL blockchain.
Solayer gives dApps the power to obtain appropriate processing capacity directly from validators on the Solana network. Unlike EigenLayer, which focuses on external services such as cross-chain bridges and oracles, Solayer focuses on native Solana dApps, known as AVSs (Actively Validated Services). This allows dApps to reserve their own space and processing power on the blockchain, improving the efficiency and reliability of the network for all users.
The implementation of stake-weighted quality of service (swQoS) is one of the key technical features that allows Solayer to allocate network resources, such as block space and transaction processing capacity, based on the amount of stake committed by validators or stakers. This innovative approach not only improves the user experience, but also optimizes the overall performance of the Solana network.
Solayer maintains more than $160 million in TVL
Since its initial launch on May 31, Solayer has managed to amass over $160 million in total value locked (TVL). This notable growth is indicative of the trust that developers and users have in the platform. Solayer's ability to attract prominent cryptocurrency builders and receive investments from other projects in the crypto ecosystem has been critical to its success.
The platform allows users to natively stake SOL, Solana's native token, and receive a new cryptocurrency called sSOL. This token includes the base staking yield of SOL, which currently stands at 8,12%, plus a MEV (Maximum Extractable Value) boost and additional yield when delegated to one or multiple AVSs.
According to Lookonchain data, in just 9 hours since its mainnet launch, Solayer has gathered over 1.430 stakers, who have already delegated around 14.570 SOL in staking, worth over $2,1 million dollars.
This rewards model is an excellent example of how innovation in staking can contribute to the decentralized finance ecosystem. By eliminating lock-in periods, Solayer not only improves user experience but also boosts capital efficiency. This is crucial in the DeFi ecosystem, where liquidity and accessibility are critical to the operation and adoption of services.
Additionally, by integrating assets into a variety of DeFi applications, Solayer not only diversifies investment options for users, but also strengthens the underlying network, in this case Solana, by promoting broader usage and greater decentralization. These strategies are vital for the long-term sustainability and organic growth of blockchain platforms.
Solana takes a unique approach to restaking
Restaking, a concept that was initially introduced by EigenLayer, allows users to repurpose their staked assets to secure additional systems. However, Solayer has adapted this concept to the specific needs of the Solana network. Instead of focusing on external services, Solayer has developed a system that allows native dApps to secure their own space on the blockchain, improving the overall efficiency of the network.
The Solayer model is based on the idea that each SOL unit represents a unit of block space. The more stake an application delegated to it has, the greater the likelihood that its transactions will be accelerated and processed by the network. This approach not only benefits dApps, but also improves user experience by reducing congestion and increasing transaction speed.
Additionally, Solayer offers an emergency exit mechanism to release linked stakes in the event that an AVS goes down, providing an additional layer of security for users. Implementing a delegation management system that monitors the flow of assets and allows users to build restaking wallets is another example of how Solayer is innovating in the blockchain space.
Plans to introduce new features in Solayer
The Solayer mainnet launch is just the beginning. With plans to introduce additional features such as a rewards module for the protocol and support for off-chain AVS, Solayer is well positioned to become a key pillar in the Solana ecosystem.
The platform's vision is to unlock infinite possibilities, from network resource optimization to shared economic security, representing a major evolutionary advancement in the world of restaking.
