Solayer announces LAYER token economics: Maximum supply of 1 billion, with 51.23% allocated to the community and ecosystem

PANews reported on February 7th that Solana's staking platform, Solayer, announced the tokenomics of its governance token LAYER. The maximum supply of LAYER tokens is 1 billion, with an initial circulation of 220 million. The distribution ratio is as follows:

 

①51.23% allocated to the community and ecosystem: Of which 34.23% is used for continuous research and development, developer programs, ecosystem development and other user activities; 14% for community events/incentives (12% reserved for Genesis Drop, including rewards for early adopters and other initial claim activities); 3% distributed through Emerald Card community sales.

 

②17.11% allocated to core contributors.

 

③16.66% has been sold to investors.

 

④15% allocated to the Solayer Foundation to support product expansion and network development.

 

Regarding the LAYER Genesis Airdrop, the second LAYER allocation targets existing community members who have supported Solayer since it went live in 2024. Solayer reserves 12% of total supply for Solayer community members, integrated partners and liquidity providers as well as users who meet following qualifications: holders of sSOL or sUSD from Solayer; users who delegate their sSOLs to AVS partner; users depositing sSOL or sUSD into partnered DeFi protocols; users depositing whitelisted Liquidity Staked Tokens (LST) on Solayer; users depositing into Solayer via partner promotions or wallet activities; participants in LRT protocol or other claiming plans.

 

In addition, according to a statement by Solyer itself , its main focus lies on infinitely expanding SVM (Solana Virtual Machine). In year 2025,Solayerr will introduce a concept that offloads blockchain hardware onto programmable hardware chips achieving infinite scalability - launching a network with millions-level TPS called InfiniSVM.