TechFlow News, January 3 — According to an official announcement, Solana restaking protocol Solayer has launched its foundation website and will introduce its governance token, LAYER.
LAYER is an SPL-2020 token designed to accelerate ecosystem growth and protocol development. The distribution of LAYER tokens will occur in three phases. The first phase will target all eligible participants and protocol partners.
Key focus areas include: Solayer Staking (sSOL, endo and exo AVS), sUSD participants, and whitelisted ecosystem partners.
Solayer previously announced investments from Polychain, HackVC, and Binance Labs. To date, it has secured over $350 million in staked assets, attracted more than 190,000 independent stakers, and supported the issuance of BNSOL, BBSOL, and BGSOL.
