Solayer mainnet goes live, introducing a re-staking standard for the Solana ecosystem

Solayer announced the launch of the Restaking endogenous AVS standard on the Solana mainnet. The unique advantage of Solayer lies in its use of Solana's staking weight QoS to create a decentralized cloud market. Participants can obtain sSOL by staking SOL, and then delegate sSOL to their chosen e-AVS, thereby obtaining native staking returns (8.12%), MEV enhancement, and AVS earnings. Solayer has also released a v1 development toolkit that allows developers to interact directly with core functions. The project has passed an audit by Halborn Security and plans to introduce more features, including protocol fee modules and permissionless AVS management. Launched on May 21st, Solayer currently has a total locked-in value (TVL) exceeding $160 million USD. The project aims to solve network congestion issues on Solana through restaking, providing reserved localized network bandwidth for Solana applications and systems while achieving demand-based block space and throughput capacity. Bonk, Alt Layer, HashKey Cloud, Sonic are among the first projects joining as endogenous AVS.