• The Solayer community sale is aimed at building a robust long-term connection between the developers and the over 230k Solayer users.

• The Solayer Foundation will be dedicating the first $LAYER public distribution to the Emerald Card holders soon.

• The supported payment tokens for the community sales will include  USDC and USDT on Solana, WIF, BONK, and SOL

Solayer Protocol, a leading restaking network on the Solana (SOL) ecosystem, has postponed the highly anticipated community sale to ensure a fair distribution process. In partnership with Buidlpad, the Solayer protocol announced that the community sale has been moved from Monday, January 13, to Thursday, January 16, at 10:00 UTC.

According to the announcement, the postponement of the Solayer Community Sale was crucial to protect the community from bot farming. Furthermore, Buidlpad received 15 times more registration for the community sale, thus triggering suspicions of bot activities to front-run genuine Solayer supporters.

The Solayer team previously noted that the maximum amount for the upcoming community sale will be $2k 

The Solana network has grown to a major Ethereum killer project, with a total value locked of over $8.1 billion and a stablecoins market cap of nearly $6 billion. With over 4.2 million active addresses in the past 24 hours, the Solana network has reached a point where scalable layer two protocols are crucial to its future growth prospects.

Furthermore, Solana users have had to part with insane gas prices during peak usage as DeFi protocols fight for block space and transaction prioritization. As a result, the Solayer protocol was conceptualized to enable decentralized applications to enhance their performance on the Solana network and in turn reduce the associated costs by up to 50x.

The Solayer ecosystem involves the restaking product, which involves the use of SOL or LSTs, and the delegation product. In a bid to ensure a scalable and decentralized future, the Solayer network has embarked on a journey to involve the community of more than 230k users in its public sale of the native token dubbed $LAYER. 

“The first public sale of the $LAYER token will be done properly to be exclusive for our community members,” the announcement noted.

What Next

The strategic launch of the Solayer Community sale will be crucial to the introduction of the Solayer Emerald Debit Card, a globally accessible metal card developed in collaboration with Visa Inc. (NYSE: V). 

The Solayer Emerald Debit Card will enable users to seamlessly spend their digital assets in global outlets. Additionally, the Solayer Emerald Debit Card will deliver the highest on-chain yields while still running on a fully non-custodial framework.

The Solayer Foundation team opted to reward the participants of the upcoming community sales with eligibility for the Emerald Card.