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Solayer Radar Hackathon Winners

Solayer Radar Hackathon Winners

Solayer Core

Oct 15, 2024

Radar Hackathon 

Solayer AVS Track Winners 

The Solayer AVS Track, part of the Radar Hackathon in collaboration with Superteam Earn, has been one of the most exciting initiatives we've been involved in to date. Bringing together some of the brightest minds in the Solana ecosystem, this hackathon truly pushed the boundaries of restaking on Solana. The track highlighted the capabilities of Solayer’s Actively Validated Services (AVS) infrastructure, showcasing projects that are driving the future of liquid restaking and yield optimization.


From Adrastea’s Liquid Restaking Tokens to Gaian’s yield tokenization and Sponge’s diversified restaking strategy. Each one will unlock new opportunities for users on Solana by leveraging Solayer’s infrastructure, further demonstrating the transformative power of AVS. We’re thrilled to celebrate these winners, who are not just shaping but redefining the restaking landscape on Solana.



Liquid restaking unlocked 

Adrastea unlocks the full potential of restaking on Solana through Liquid Restaking Tokens (LRT), built on top of Solayer.


As the first liquid restaking protocol on Solana, Adrastea introduces LRT tokens, starting with lrtsSOL (liquid delegated sSOL). By restaking with Adrastea, you unlock the liquidity of your AVS delegations while ensuring the best possible yield and benefits through smart AVS routing. 


Your exposure isn’t just limited to Solayer and other AVS like Sonic—it extends to Adrastea as well, multiplying your overall exposure and rewards.


Simplify – Liquify


Why build on Solayer?

Adrastea utilizes Solayer’s infrastructure by directly restaking through Solayer’s restaking engine and AVS, with smart delegation, enabling users to unlock liquidity for both new and existing restaking opportunities.

Socials:

https://x.com/adrasteafinance 


Optimizing your APY through yield tokenization  

Gaian - a protocol built on Solana that enables trading and optimizing yield, and makes speculating on their future yield possible.


By tokenizing both the interest (yield) and the principal from your staked assets, Gaian allows you to trade yield tokens (YT) in a dynamic market while still retaining ownership of your future returns. In this way, you can both speculate the future value of interest and access liquidity instantly. 


With Gaian's protocol, your underlying assets (SOL, LSTs, LRTs) are staked on Solayer to optimize and leverage yield generation. 


Why build on Solayer?

Gaian is built on Solayer because of its advanced infrastructure and ability to optimize staking opportunities in a seamless and efficient way. By leveraging Solayer’s restaking engine and AVS , Gaian ensures that users’ staked assets are earning the highest possible yield.



Socials: 

https://x.com/Gaian_hq 


Stake SOL and Get Exposure to Blue Chips

Sponge is the first ETF-like LST on Solana that transforms your staking experience into a seamless and efficient process.


By staking your SOL with Sponge, you gain exposure to blue-chip assets like Solayer. We allocate your SOL into different top-tier assets, providing diversification and optimizing your staking rewards. SPONGE is a one-stop LST staking protocol that brings native staking income and liquidity to SVM chains. 


Why build on Solayer?

As the AVS ecosystem evolves, diverse restaking assets and derivative strategies with varying risks emerge, making it challenging for users to know how to allocate their assets. We solve this problem by utilizing Solayer’s AVS service to unlock more earning opportunities for users, ensuring your assets are optimally allocated. With Sponge, you can seamlessly stake SOL, maximize returns, and confidently navigate the evolving DeFi landscape.


Socials

https://x.com/spongedotsol 


Conclusion

The Solayer AVS Track at the Radar Hackathon has spotlighted a new wave of innovation in liquid restaking on Solana. Adrastea, Gaian, and Sponge are pioneering projects that leverage the robust capabilities of Solayer’s infrastructure, and we are thrilled to welcome them into our ecosystem as they continue to develop and grow.


If you're a protocol looking to join our ecosystem as an endogenous or exogenous AVS, fill out this form and we’ll be in touch to explore how we can collaborate to bring even more innovation to the space.

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Solayer is the leading restaking network on Solana, designed to secure both blockspace and decentralized mechanisms through restaked security.

©2024 Solayer · All Rights Reserved

solayer

Solayer is the leading restaking network on Solana, designed to secure both blockspace and decentralized mechanisms through restaked security.

©2024 Solayer · All Rights Reserved

solayer

Solayer is the leading restaking network on Solana, designed to secure both blockspace and decentralized mechanisms through restaked security.

©2024 Solayer · All Rights Reserved