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Solayer

LAYEROngoing
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Solayer, a restaking platform built on the Solana blockchain, has announced the launch of its governance token, LAYER, and an upcoming airdrop event to distribute these tokens to its community.
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What Is the Solayer (LAYER) Airdrop?

The Solayer airdrop, titled "Solayer Season One," aims to distribute LAYER tokens to early supporters and active participants within the Solayer ecosystem. This initiative rewards users who have engaged with the platform's features, such as restaking SOL tokens, delegating to Actively Validated Services (AVSs), and participating in governance activities.

 

The airdrop utilizes a stake and time-weighted system to ensure a fair distribution of LAYER tokens. Participants' rewards are calculated based on the amount of sSOL (Solayer Staked SOL) they have staked and the duration of their staking period. This approach incentivizes long-term commitment and active participation in the Solayer ecosystem.

Eligibility Criteria for the $LAYER Airdrop

To be eligible for the Solayer airdrop, participants should:

 

  • Restake SOL Tokens: Users must restake their SOL tokens through the Solayer platform to receive sSOL. This process involves depositing SOL into Solayer's restaking pools.

  • Delegate sSOL to AVSs: Delegating sSOL to endogenous AVSs (Solana-native decentralized applications) is a key activity that may enhance eligibility.

  • Participate in Solayer Episodes: Solayer organizes "Episodes," which are events designed to reward user engagement. Completing specific tasks during these episodes can contribute to a user's eligibility for the airdrop.

How to Participate in Solayer Airdrop

  1. Connect Your Wallet: Visit the Solayer platform and connect a compatible Solana wallet, such as Phantom or Solflare.

  2. Complete Social Tasks: Join the official Solayer Discord channel and follow their Twitter account to stay updated on announcements and engage with the community.

  3. Enter an Invitation Code: During the sign-up process, enter an invitation code if available. Invitation codes can often be obtained from the Solayer community or official channels.

  4. Restake SOL Tokens: Deposit your SOL tokens into Solayer's restaking pools to receive sSOL. The amount and duration of your stake may influence your eligibility and potential rewards.

  5. Delegate sSOL: Allocate your sSOL to preferred AVSs to support their security and functionality. This delegation is a crucial factor in the airdrop eligibility criteria.

How to Claim LAYER Tokens After the Solayer Airdrop

Specific details on claiming the LAYER tokens will be provided by Solayer closer to the airdrop date. Typically, eligible participants will need to connect their wallets to the Solayer platform and follow the instructions to claim their tokens. It's essential to monitor official Solayer channels for announcements regarding the claiming process.

 

Key Dates

  • Snapshot Date: The snapshot to determine eligibility is scheduled for January 13, 2025. Ensure that your SOL tokens are restaked, and sSOL is delegated before this date to qualify.

  • Airdrop Distribution: The exact date for token distribution has not been specified. Participants should stay tuned to Solayer's official communications for updates on when the airdrop will occur.

Important Considerations

  • Active Participation: Engaging in multiple activities, such as restaking, delegating, and participating in episodes, may increase your potential rewards. The more criteria you meet, the higher your allocation could be.

  • Stay Informed: Regularly check Solayer's official channels, including their X and Discord, for the latest updates and announcements regarding the airdrop.

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