PANews reported on February 7 that Solana's re-staking platform Solayer announced the token economics of its governance token LAYER. The maximum supply of LAYER tokens is 1 billion, and the initial circulation is 220 million. The distribution ratio is as follows: ① 51.23% is allocated to the community and ecosystem: 34.23% of which is used for continued research and development, developer programs, ecosystem development, and other user activities; 14% is used for community activities/incentives (12% is reserved for Genesis Drop, which includes rewards for early adopters and other initial claim activities); 3% is allocated through Emerald Card community sales. ② 17.11% is allocated to core contributors. ③ 16.66% has been sold to investors. ④ 15% is allocated to the Solayer Foundation to support product expansion and network development.
Regarding the LAYER Genesis Airdrop, the second LAYER distribution is for existing community members who have supported Solayer since its launch in 2024. Solayer reserves 12% of the total supply for Solayer community members, integration partners and liquidity providers, and users who meet the following qualifications: Solayer sSOL and sUSD holders, users who delegate sSOL to AVS partners, users who deposit sSOL or sUSD in partnered DeFi protocols, users who deposit whitelisted LST (liquidity staking tokens) on Solayer, users who deposit Solayer through partner and wallet activities, LRT protocol, other claiming programs.
In addition, Solayer stated that its core focus is on infinitely scaling SVM (Solana Virtual Machine). In 2025, Solayer will introduce the concept of offloading blockchain hardware to programmable hardware chips to achieve infinite scaling - launching a million-level TPS network, InfiniSVM.
