What is Solayer Staked SOL (SSOL)?
Solayer is the dominant restaking marketplace on Solana.. We aim to empower on-chain decentralized applications (dApps) with improved network bandwidth while securing the L1 at the same time. Our goal is to provide dApps on Solana with a greater likelihood of securing block space and prioritizing transaction inclusion. sSOL is the universal liquidity layer for delegates [dApps] and LRTs on Solayer. Every unit of SOL can be perceived as a unit of blockspace lent towards dApps, securing network bandwidth and TPS.
How does Solayer Staked SOL work?
The stake delegated towards dApps, which derives an AVS SPL token, is built on top of sSOL-SOL liquidity. Similarly, LRTs are built on top of sSOL liquidity interface to generate vault strategies. There are various ways of utilizing sSOL and earning maximum yield as an sSOL holder. You can delegate to dApps to bootstrap network bandwidth or participate in DeFi strategies to earn additional APY, starting with our launch partners. There are various ways of utilizing sSOL and earning maximum yield as an sSOL Holder.
What is Solayer Staked SOL used for?
You can delegate to dApps to bootstrap network bandwidth or participate in DeFi strategies to earn additional APY, starting with our launch partners. Now we will go through a couple of examples on how you can put your sSOL to work in AMMs, lending protocols, perpetual exchanges, and more. Liquidity Vaults on Kamino Kamino’s liquidity vaults are an automated liquidity solution that allows users to earn yield on their crypto assets by providing liquidity to concentrated liquidity market makers (CLMMs). A vault deploys liquidity into an underlying DEX pool, consisting of 2 tokens.
Where can you buy Solayer Staked SOL?
Solayer Staked SOL (SSOL) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for SSOL sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting SSOL, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
