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Solayer Labs, a developer of Solana's restaking protocol, has achieved an $80 million valuation following a $12 million seed funding round. The round was led by Polychain Capital. Since its launch, Solayer has successfully restaked over $186 million in assets, marking significant growth within the Solana ecosystem.
As it closes a $12 million funding round, Solana restaking protocol Solayer said it would use the new funding to emulate EigenLayer's approach to "shared economic security." Read more: https://t.co/nvM7f1syxq
Solana Restaking Protocol Solayer Closes $12 Million Round Led by Polygon ► https://t.co/vzkJAMUrsO https://t.co/vzkJAMUrsO
[THE BLOCK] Solana restaking protocol Solayer reaches $80 million valuation with $12 million seed round