Solayer Labs has launched the Genesis Drop for its $LAYER token, enabling over 250,000 eligible users to claim their tokens starting February 11, 2025. This initiative rewards early supporters and integrates them into Solayer's hardware-accelerated blockchain ecosystem.
Quick Take
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Eligible users can claim their $LAYER tokens from February 11, 2025, for a 30-day period.
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Eligibility criteria includes holders of sSOL and sUSD, delegates to AVS partners, and participants in partnered DeFi protocols.
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12% of the total 1 billion $LAYER tokens are designated for the Genesis Drop.
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Genesis Drop tokens are fully unlocked at launch, with additional tokens claimable over the next six months.
What Is Solayer (LAYER) and How Does It Work?
Solayer is a blockchain platform focused on infinitely scaling the Solana Virtual Machine (SVM) through hardware acceleration. Its InfiniSVM architecture enables high-throughput and near-zero latency, processing over 1 million transactions per second (TPS).
This design supports next-generation decentralized applications (dApps) while maintaining robust security. Solayer also offers a restaking feature, allowing users to leverage their staked assets as collateral, optimizing asset utilization and enhancing network security.
Read more: Solayer (LAYER) Project Report
What Is the Solayer Genesis Drop and How to Claim $LAYER Tokens?
The Solayer Genesis Drop is an airdrop event designed to distribute $LAYER tokens to early community members who have supported the platform since its inception in 2024. The Solayer airdrop aims to reward these contributors and integrate them into Solayer's ecosystem.
Who Is Eligible to Receive $LAYER Airdrop?
To qualify for the Genesis Drop, participants must meet one or more of the following conditions:
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sSOL and sUSD Holders: Individuals holding Solayer's synthetic assets, sSOL and sUSD.
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Delegation to AVS Partners: Users who have delegated sSOL tokens to Authorized Validator Set (AVS) partners, thereby supporting network security and operations.
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Participation in Partnered DeFi Protocols: Users who have deposited sSOL or sUSD into decentralized finance (DeFi) protocols that have partnered with Solayer.
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Depositors of Whitelisted Liquid Staking Tokens (LSTs): Individuals who have deposited approved LSTs on the Solayer platform.
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Engagement Through Partner and Wallet Campaigns: Users who have interacted with Solayer via specific partner collaborations or wallet-based promotional activities.
How to Claim $LAYER Tokens After the Solayer Genesis Drop
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Check Eligibility: Navigate to Solayer's official claim portal. Connect your cryptocurrency wallet to the portal. The system will automatically verify your eligibility based on the criteria mentioned above.
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Allocation Checker: An allocation checker tool is available on the claim portal. This feature allows users to view the specific number of $LAYER tokens allocated to them based on their participation and contributions.
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Claim Tokens
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Starting from February 11, 2025, eligible users can claim their $LAYER tokens directly through the claim portal.
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After logging in and confirming eligibility, follow the on-screen instructions to initiate the claim process.
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Ensure that your wallet is prepared to receive the tokens; this may involve adding the $LAYER token contract to your wallet interface.
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Key Details About the Solayer Airdrop
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Claiming Period: The window to claim $LAYER tokens is open for 30 days, concluding on March 12, 2025.
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Reward Structure: The number of tokens allocated to each participant is influenced by the amount and duration of their staking activities. Longer and more substantial participation may result in higher rewards.
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Vesting Schedule: Tokens claimed during the Genesis Drop are fully unlocked at the time of claiming. Additionally, participants may be eligible to claim more $LAYER tokens over the subsequent six months, distributed in epochs.
Solayer (LAYER) Tokenomics
Solayer token distribution | Source: Solayer blog
The total supply of $LAYER is capped at 1 billion tokens, distributed as follows:
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Community & Ecosystem (51.23%):
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34.23% for ongoing research and development, developer programs, and ecosystem growth.
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14% for community events and incentives, including the 12% allocated for the Genesis Drop.
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3% distributed via the Emerald Card community sale.
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Core Contributors and Advisors: 17.11%
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Investors: 16.66%
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Solayer Foundation: 15% allocated to support product expansion and network development.
LAYER Token Vesting Schedule
$LAYER vesting schedule | Source: Solayer blog
To maintain market stability and align with long-term objectives, Solayer has implemented a structured vesting schedule:
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Genesis Drop and Emerald Card Community Sale: Tokens are fully unlocked at launch, providing immediate liquidity to participants.
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Community Incentives: These tokens will vest linearly over a six-month period, promoting sustained engagement and participation.
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Community & Ecosystem and Foundation Allocations: Vesting occurs every three months over four years, ensuring a gradual and responsible release of tokens into the ecosystem.
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Team & Advisors: Subject to a one-year cliff, followed by linear vesting over three years, aligning the interests of the team with the platform's long-term success.
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Investors: Also subject to a one-year cliff, with linear vesting over two years, balancing investor interests with the platform's developmental milestones.
Conclusion
The Solayer Genesis Drop represents a significant opportunity for early supporters to become integral participants in the platform's growth. By claiming $LAYER tokens, users can engage in governance and benefit from the advancements of Solayer's hardware-accelerated blockchain ecosystem. Ensure you check your eligibility and claim your tokens within the designated 30-day period to take full advantage of this initiative.
Read more: Restaking on Solana (2025): The Comprehensive Guide