TechFlow reports that Solayer has announced the launch of its restaking endogenous Application Validation System (AVS) standard on the Solana mainnet.
Solayer’s unique advantage lies in leveraging Solana’s stake-weighted Quality of Service (QoS) to create a decentralized cloud marketplace. Participants can stake SOL to receive sSOL, then delegate their sSOL to chosen e-AVSs, earning native staking yields (8.12%), MEV boosts, and AVS-specific rewards.
Solayer has also released a v1 developer toolkit, enabling developers to interact directly with core functionalities. The project has been audited by Halborn Security and plans to roll out additional features, including an in-protocol fee module and permissionless AVS management.
Launched on May 21, Solayer currently boasts a total value locked (TVL) exceeding $160 million. The project aims to alleviate Solana network congestion through restaking by providing Solana applications and systems with reserved, localized network bandwidth, enabling on-demand block space and throughput. Projects including Bonk, Alt Layer, HashKey Cloud, and Sonic are among the first to join as endogenous AVSs.
Previous report: Binance Labs announced an investment in Solayer, a leading Restaking platform in the Solana ecosystem.
