- Sonic SVM plans an exclusive airdrop for Solayer AVS participants ahead of its Token Generation Event in Q1 2025.
- The airdrop rewards Solana liquid staking participants with tokens for contributing to Sonic’s Actively Validated Service via Solayer.
- Solana’s liquid staking protocols have surpassed $2 billion in TVL, emphasizing Sonic’s role in driving this ecosystem forward.
Sonic SVM, a pioneering Layer 2 network on Solana, has revealed details about its upcoming token airdrop for users actively participating in Solayer’s Actively Validated Service (AVS). The announcement highlights its efforts to incentivize and reward contributions from the Solana liquid staking ecosystem.
Eligibility for Solayer Delegators
According to Sonic SVM’s official statement, the airdrop will reward delegators staking SOL or Liquid Staking Tokens (LSTs) through Solayer. Eligible users must stake directly with Solayer or indirectly via protocols like Adrastea, which allocates Solana to Sonic’s AVS. The qualifying wallet snapshot is scheduled to occur before the Token Generation Event (TGE) in Q1 2025.
Chris Zhu, CEO of Sonic SVM, expressed his appreciation for early contributors, emphasizing the program’s focus on driving active participation within Solana’s restaking ecosystem. He noted, “This initiative reflects Sonic’s commitment to recognizing those who have supported our vision and contributed to building the AVS framework.”
Solayer’s Role in Enhancing Liquidity
As the most extensive delegated AVS on Solayer, Sonic SVM manages $80 million worth of SOL from over 81,000 delegators. Participants benefit from liquidity access via Liquid Restaking Tokens, enabling broader integrations across decentralized finance platforms like Banx, Orca, and Meteor.
Significantly, Solana’s liquid staking segment has reached an impressive $2 billion in Total Value Locked (TVL), demonstrating growing adoption. Solayer has played a pivotal role in this growth, offering seamless integration and accessible rewards for delegators.
Strengthening Community Engagement
With the airdrop announcement, Sonic aims to strengthen its ecosystem by ensuring contributors are rewarded directly. Through platforms like Adrastea and Solayer, participants can track their contributions and capitalize on future opportunities within the network.
By launching this airdrop, Sonic SVM positions itself as a key player in the Solana ecosystem, fostering innovation and collaboration among stakeholders. This initiative reinforces the significance of community-driven growth in the evolving decentralized finance landscape.
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