By CoinW lists LAYER, Solana’s leading restaking protocol! Trade LAYER/USDT now & grab a share of 10,000 USDT. Backed by top VCs, Solayer enhances Solana’s performance & security with its innovative AVS.
CoinW, the world’s pioneering cryptocurrency trading platform, has initially listed LAYER, Solana’s leading restaking protocol, on Layer 2 Zone. For all CoinW users, the LAYER/USDT has been officially available for trading on February 11th, 2025, at 14:00 (UTC). To celebrate the listing of LAYER, we are launching the “ LAYER Bounty Program” event with a reward pool of 10,000 USDT.
Driving Innovation with Solana Restaking and AVS Technology
Solayer has established itself as a key challenger in the blockchain space through its unique position as the EigenLayer equivalent for the Solana network. By leveraging restaking technology, Solayer enhances both network performance and security. At the core of its architecture is the proprietary AVS (Application-Validator Separation) mechanism, which allows decentralized applications (dApps) to dynamically allocate network resources based on stake-weighted influence. This enables faster transaction processing and optimal scalability for network participants.
With Total Value Locked (TVL) reaching $351.11 million and over 275,000 active depositors, Solayer is already ranked 9th on Solana’s TVL leaderboard and 6th among all restaking protocols globally.
Strategic Tokenomics to Drive Ecosystem Growth
$LAYER plays a crucial role in both network governance and operational efficiency within Solayer’s protocol suite. Designed with long-term sustainability and ecosystem growth in mind, the tokenomics distribution includes allocations for ecosystem development (34.23%), community rewards (14%), and core contributors (17.11%). A recent oversubscribed community sale, attracting a high volume of participants, highlighted the project’s popularity and market potential.
Backed by Leading Investors and Visionary Founders
Founded by Jason Li, creator of MPCVault, and Rachel Chu, founder of the NFT platform Vibe, Solayer has attracted high-profile investors since its inception. The project raised $12 million in a seed round led by Polychain Capital, with additional backing from Binance Labs, Big Brain Holdings, Hack VC, and others. Early angel investors include Anatoly Yakovenko (Solana co-founder) and Sandeep Nailwal (Polygon co-founder).
With these robust partnerships and technological advancements, Solayer is poised to accelerate the development of Solana’s restaking infrastructure. CoinW’s listing of $LAYER represents an opportunity for investors and users to participate in the continued growth of this transformative project.
10,000 USDT Limited-Time Offer for CoinW Community
To celebrate the listing, 10,000 USDT equivalent LAYER prize pool has been up for grabs from February 11th, 2025, at 14:00 (UTC) to February 18th, 2024, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of 10,000 USDT. To claim your rewards, please click here.
About CoinW
CoinW is a pioneering crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW’s Twitter Account, Btok, and Telegram Group.
About LAYER
Solayer, as a restaking protocol in the Solana ecosystem, employs a series of innovative techniques to enhance performance and security. Solayer introduces a native AVS (Application-Validator Separation) mechanism, allowing dApps to dynamically allocate their processing power based on staked tokens. This stake-weighted approach enables dApps to influence network operations based on their staking ratio, achieving more efficient and faster transaction processing for users.
Media Contact
Organization: CoinW
Contact Person: Angelo Tan
Website: https://www.coinw.com/
Email: Send Email
City: Dubai
Country:United Arab Emirates
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