Solayer, a Solana liquid staking protocol, has introduced its governance token, LAYER, and established a foundation. LAYER, an SPL-2020 token, empowers the Solayer community in shaping the project's roadmap and accelerating its development. Its specific utility details will be revealed later this year. Concurrently, Solayer launched the Solayer Foundation, an independent non-profit dedicated to supporting the protocol's evolution. The foundation will focus on expanding Solayer's Serum integration (SVM), managing the LAYER token, overseeing the Season 1 claim distribution, and driving protocol innovation. These initiatives underscore Solayer's commitment to decentralization and community engagement, enabling the protocol to harness collective wisdom for its growth and success.