What is Solayer Staked SOL?

Solayer operates as a restaking marketplace on the Solana blockchain, focusing on supporting decentralized applications (dApps) through enhanced network bandwidth. The project utilizes sSOL as a universal liquidity layer, facilitating the delegation of SOL to dApps for improved block space security and transaction processing. This mechanism includes the generation of AVS SPL tokens and vault strategies based on sSOL liquidity.

Users can leverage sSOL in various DeFi protocols, including automated liquidity solutions like Kamino and Orca. These platforms enable users to earn passive yield by providing liquidity to decentralized exchanges. Participants can deposit sSOL into liquidity pools, thereby earning fees from transactions while maintaining exposure to their assets.