Solana re-staking protocol Solayer has launched its foundation website and will introduce the governance token LAYER

ChainCatcher news, the Solana re-staking protocol Solayer has launched its foundation website and will introduce the governance token LAYER.

LAYER is an SPL-2020 token aimed at accelerating ecosystem growth and protocol development. The distribution of LAYER tokens will occur in three phases. The first phase will target all eligible participants and protocol partners, with a focus on the following categories: Solayer Staking (sSOL, endo, and exo AVS), sUSD participants, and whitelisted ecosystem partners.

Solayer previously announced investments from Polychain, HackVC, and Binance Labs, and has so far secured over $350 million in staked assets, with more than 190,000 independent stakers, supporting the issuance of BNSOL, OKSOL, and BGSOL.