Vladislav Ch
Jan 11, 2025
143 1

The token sale of the restaking protocol Solayer is scheduled for January 13.

3 min

In January 2025, the Community Sale of the Solayer project will kick off. The sale starts on January 13 at 1:00 PM Moscow time. The subscription lasts until January 15, 2025, and the final token distribution will be confirmed on the same day at 1:00 PM MSK.

Event Overview

Solayer is conducting a Community Sale, during which participants will receive native tokens $LAYER immediately after token generation. Participants must undergo KYC, contribute capital, and connect a Solana wallet. At the same time, the project offers the opportunity to obtain the Solayer Emerald Metal Card — a crypto debit card for offline and online payments.

About the Solayer Project

Solayer is developing a new blockchain architecture called InfiniSVM. Key facts:

  • InfiniSVM is focused on high performance.
  • The technology uses Infiniband RDMA and SDN to reduce latency and increase throughput.
  • The goal is to provide over 1 million transactions per second and 100 Gbps throughput.
  • The project launched in Q1 2024.
  • Significant experience has been gained through staking services on Solana.
  • The staking system has accumulated over $350 million TVL.
  • Solayer launched a stable token sUSD, which has already accumulated over $30 million TVL.

Token Sale Details

The platform for the sale is Buidlpad. Participation conditions:

  • The subscription runs from January 13, 2025, 10:00 AM (UTC) to January 14, 2025, 11:59 PM (UTC). In Moscow time, this is from 1:00 PM on January 13 to 2:59 AM on January 15.
  • To participate, you must complete KYC linked to your Solana wallet.
  • Payment options: USDC (Solana), USDT (Solana), SOL, WIF, and BONK.
  • The minimum contribution is 100 units of the chosen currency, and the maximum is 2000.
  • The target fundraising amount is $10.5 million. If $21 million is reached, the sale will end early, and excess funds will be returned.
  • 100% of $LAYER tokens will be available immediately after token generation (TGE).

Conclusion

Solayer offers a new architecture for blockchain with real performance metrics. The project has already demonstrated results in the Solana ecosystem through staking and the launch of a stable token. The Community Sale provides an opportunity to purchase native tokens with full unlocking immediately after TGE and receive an additional bonus in the form of a crypto card.

Before participating in the sale, it is recommended to study the project and conduct your own analysis (DYOR).