First things first: Happy 2025! 🎆

Solayer was conceived in 2024 with a clear vision: to horizontally scale the Solana Virtual Machine (SVM).

To support the next phase of our journey, we are thrilled to announce the Solayer Foundation, an independent non-profit organization dedicated to advancing protocols that drive SVM scaling, the upcoming LAYER token, and Season 1 claim.

Website: solayerfoundation.com X: @SolayerFdn

Our Journey So Far

In May, we introduced a novel Solana restaking standard to enhance throughput for Solana-based applications through Stake-Weight Quality of Service (swQoS). The demand for higher bandwidth was evident. In six months, we’ve achieved:

• $350MM+ in restaked asset

• 190K+ unique depositors

• Highest 12%+ native staking APY for our users, with additional AVS yield

• Product launches with 3+ leading exchanges

Building on this momentum, we launched sUSD, the first fully permissionless, yield-bearing stablecoin backed by a basket of T-bills. sUSD has quickly become one of the fastest-growing real-world asset (RWA) protocols on Solana and serves as the foundation for Solayer’s Savings Account—an infrastructure enabling users to stake, save, earn, and seamlessly spend.

The incredible friends made along the way

Solayer has established incredible partnerships with a diverse set of collaborators, including Sonic, Adrastea, RateX, BONK, Hashkey, Altlayer, Perena, Orca, Raydium, and many more.

• $100M delegated to SONIC

• Bootstrapped Adrastea LRT

• Launched BGSOL, BNSOL, BBSOL, and other innovative tokens

• Listed DeFi strategies like sSOL and sUSD on platforms such as Raydium, Kamino, Orca, Meteora, Save, and Margin

We’re excited to lay the groundwork for a key aspect of the Solayer network: community governance.

Introducing the Solayer Foundation

Solayer Foundation is an independent non-profit organization that powers protocols accelerating the mission of scaling distributed systems, starting with Solayer Labs. The main thesis and vision around Solayer Foundation is two-fold:

• Scaling on-Solana apps with accelerated transactions throughput

• A Hardware focused SVM Blockchain (coming soon)

The Foundation’s role is to support advanced research and development for the Solayer Network. It is governed by independent directors, with direct influence from LAYER token holders, who also participate in setting up the foundation and appointing directors and officers.

LAYER Token, Steward of the Foundation

Solayer Foundation is excited to introduce $LAYER, an SPL-2020 token, first starting as the governance token for the restaking platform to accelerate ecosystem growth and protocol development.

The ticker is $LAYER

As we release 2025 roadmap, the Foundation will introduce additional mechanisms towards the LAYER token.

Solayer Season 1

Distribution of the LAYER token will take place over three phases. The first phase will conclude with the Solayer Season 1 for all eligible participants and protocol partners.

Season 1 focuses on the following categories:

• Solayer Staking (sSOL, endo and exo AVS)

• sUSD participants

• Whitelisted ecosystem partners

To ensure this aligns with our goals of rewarding early supporters and participants fairly, we are using a stake and time weighted system that also accounts for referral points. This extends to anyone who has provided liquidity for sSOL and sUSD or used Solayer products on protocol partner applications.

Eligible participants will receive a prompt in the Solayer dashboard advising them of their eligibility and requiring them to accept the terms and conditions. An announcement will be made once this goes live.

Disclaimer

We strongly caution our community members to remain vigilant against potential scams. Ensure that any webpages related to the Solayer Network have the solayer.org or solayerfoundation.com domains. Additionally, please note that Solayer community moderators will never message you first or ask for personal information.

Visit solayerfoundation.com and @SolayerFdn for details regarding future releases.