#Solayer a project by Binance Labs, launches its governance token and creates a foundation to boost the future of Solana
Solayer, a restaking project on Solana backed by
#Binance Labs, is making a significant leap with the launch of its own governance token,
#LAYER the platform has created a non-profit foundation to promote the development of the protocol and the entire ecosystem of
#Solana What does this mean?
LAYER Token: With the introduction of LAYER, Solayer users will have more decision-making power regarding the future of the protocol. This token will allow holders to vote on proposals and actively participate in the governance of the platform.
Solayer Foundation: This new legal entity will be responsible for funding and developing projects related to Solayer, such as expanding actively validated services (AVS) and creating new tools for users.
Boost to Solana: By strengthening the restaking ecosystem on Solana, Solayer contributes to making this blockchain even more attractive to developers and users.
The launch of LAYER and the creation of the Solayer Foundation are very positive news for the Solana ecosystem and for all those interested in restaking. This development positions Solayer as one of the most promising projects within the DeFi space.
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