Launching the Solayer Foundation
Solayer, the Solana restaking protocol, has announced the creation of the Solayer Foundation. This marks a new chapter in its journey toward ecosystem growth and innovation.
Introducing the LAYER Token
The LAYER token, Solayer’s native governance token, will debut as an SPL-2020 token on the Solana blockchain. Beyond governance, it is expected to boost growth within the restaking ecosystem by incentivizing participation and collaboration.
Phased Token Distribution
The LAYER token distribution will occur in three phases, targeting eligible users and partner protocols. Participants will receive clear instructions to accept terms and conditions for the airdrop at a later stage.
Driving Ecosystem Expansion
Through its foundation and token, Solayer aims to foster sustained innovation. These initiatives reflect its commitment to enhancing Solana’s restaking ecosystem while empowering its community.