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Solayer SOL news
About Solayer SOL
Solayer is a restaking protocol built natively on Solana. Solayer leverages Solana’s economic security and premium execution as the decentralized cloud infrastructure to enable a higher degree of consensus and blockspace customization for application developers.
This is done with 2 approaches: a) Restaking is the most economical way to secure future distributed systems. Think of it as importing a library to create an economically secure POS efficiently.
b) Solayer restaking has two value propositions: i. Securing exogenous AVSs, which are off-chain applications. ii. Providing stake-weighted Quality of Service (QoS) Infrastructure for on-chain dApps (Endogenous AVSs)
sSOL is a liquid token on Solayer that unlocks a range of DeFi use cases such as liquidity provisioning, collateral, and spot trading.
The live Solayer SOL price today is $141.34 USD with a 24-hour trading volume of $478,127 USD. We update our sSOL to USD price in real-time. Solayer SOL is up 1.84% in the last 24 hours. The current CoinMarketCap ranking is #9729, with a live market cap of $125,718,821 USD. It has a circulating supply of 889,457 SSOL coins and the max. supply is not available.