Solayer, a startup building a product akin to EigenLayer on Solana, opened restaking deposits Thursday afternoon.

The invite-only deposit period was capped at $20 million dollars. Users could natively restake SOL on Solayer, or deposit the liquid staking products mSOL, bSOL, JITOSOL, and INF. With the private access launch, Solayer becomes a horse in the race to build a restaking ecosystem on the Solana blockchain. 

Few Solana restaking protocols have gone live, with the exception of Picasso, which runs its own version of Solana restaking. 

Read more: Robinhood enables Solana staking for customers in Europe

Perhaps in a testament to the hype surrounding these protocols launching,…

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