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Solayer Goes Mainnet with AVS Delegation Live: A Step-by-Step Guide
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August 19, 2024

Solayer Goes Mainnet with AVS Delegation Live: A Step-by-Step Guide

Solayer Goes Mainnet with AVS Delegation Live: A Step-by-Step Guide

Solayer Goes Mainnet with AVS Delegation Live: A Step-by-Step Guide

Solayer, the innovative platform offering localized network bandwidth through endogenous AVS (Alternative Validation Sets), has officially launched its mainnet. With AVS delegation now live, users can leverage this exciting feature to enhance their Solana experience. This guide will walk you through the delegation process, highlighting the best options to maximize your benefits.

What is Solayer’s AVS Delegation?

Solayer’s AVS (Alternative Validation Sets) delegation allows users to stake their sSOL, a token received in exchange for SOL deposits, to preferred AVS operators. This system offers reserved, localized network bandwidth with on-demand blockspace and throughput, ensuring that users can benefit from the Solana network’s efficiency while participating in staking rewards.

Solayer Homepage on One Click Airdrop Tracker

Why Should You Delegate Your sSOL?

By delegating your sSOL, you can:

  • Earn staking rewards: Potentially qualify for airdrops and other incentives.
  • Support network efficiency: Contribute to the stability and performance of the Solana network.
  • Prepare for future opportunities: Accumulate credits towards the eventual Solayer Labs token.

Step-by-Step Guide to Delegate Your sSOL

Step 1: Obtain sSOL

If you don’t already have sSOL, follow these steps:

  1. Visit Solayer: Use this invite link to access the platform.
  2. Deposit SOL: Once on the platform, deposit your SOL to receive sSOL. The process is straightforward, and you can withdraw your SOL at any time.

Step 2: Delegate Your sSOL

  1. Click on the Delegate Tab: After obtaining sSOL, navigate to the Delegate tab on Solayer.
  2. Choose Your AVS: Select the AVS you prefer to delegate your sSOL to. You can undelegate at any time, giving you flexibility and control over your staking strategy.

Top AVS Delegation Options

To help you make an informed decision, here are the two best AVS options currently available:

1. SonicSVM

  • Overview: SonicSVM is the first Atomic SVM Chain on Solana, essentially functioning as a Solana Layer 2 optimized for gaming.
  • Funding: The project raised $12M in June and currently does not have a token.
  • Airdrop Potential: Delegating your sSOL to SonicSVM could qualify you for an upcoming airdrop.
  • Popularity: With 80% of sSOL currently delegated to SonicSVM, it’s the top choice for many users.

2. HashKeyCloud

  • Overview: HashKeyCloud is a core member of HashKeyGroup, a renowned web3 company in Asia, offering reliable staking services.
  • Airdrop Confirmed: Delegates of sSOL are confirmed to receive an airdrop of $HSK.
  • Popularity: Currently, 12% of sSOL is delegated to HashKeyCloud, making it the second most popular choice.

Additional Benefits

By participating in sSOL delegation, you could also earn extra credits towards the eventual release of the Solayer Labs token. This adds another layer of incentive for users looking to maximize their involvement in the Solana ecosystem.

Stay Updated

To keep track of your progress and stay informed about new tasks and opportunities, check out this updated tracker.

Conclusion

Delegating your sSOL on Solayer is a simple and rewarding process. Whether you choose SonicSVM for its gaming optimization or HashKeyCloud for its strong web3 credentials, you’ll be well-positioned to benefit from airdrops and future token releases. If you found this guide helpful, don’t forget to like, repost, and follow for more updates!

One Click Labs

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