Solayer SOL
Solayer SOL
sSOL
#10449
$201.38 USD
0.27% (1d)Market cap | $315.78M |
Volume (24h) | $2.17M |
FDV | $315.78M |
Vol/Mkt Cap (24h) | 0.69% |
Total supply | $1.57M |
Max supply | - |
Circulating supply | $1.57M |
Infomation
Website |
$201.38
(0.18%)$201.76
$201.38
(-8.80%)$231.87
Solayer is a restaking protocol built natively on Solana. Solayer leverages Solana’s economic security and premium execution as the decentralized cloud infrastructure to enable a higher degree of consensus and blockspace customization for application developers.
This is done with 2 approaches: a) Restaking is the most economical way to secure future distributed systems. Think of it as importing a library to create an economically secure POS efficiently.
b) Solayer restaking has two value propositions: i. Securing exogenous AVSs, which are off-chain applications. ii. Providing stake-weighted Quality of Service (QoS) Infrastructure for on-chain dApps (Endogenous AVSs)
sSOL is a liquid token on Solayer that unlocks a range of DeFi use cases such as liquidity provisioning, collateral, and spot trading.
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