CryptoCurrencies
17621
Exchanges
500
Total Market Cap
3,993,014,405,256
Volume 24h
308,876,288,723
Dominance
BTC 60.27%   ETH 9.16%   XRP 4.42%   USDT 4.00%

SatLayer
SLAY

0
$
0.00 %
Change 24h
Market Cap
$ 0
Total Supply
2,100,000,000
SLAY
$
# Exchange Pair Price Volume 24h

Description

SatLayer unlocks the full potential of Bitcoin as productive and yield-bearing by providing the ultimate form of shared security to all of crypto, starting with leading decentralized applications and infrastructure in top L1/L2 ecosystems as Bitcoin Validated Services ("BVS"). SatLayer itself is a set of smart contracts deployed on Babylon Chain, which enables: - Staked $BTC on Babylon Chain to also secure Bitcoin Validated Services (“BVSs”) deployed through SatLayer. - BTC stakers to delegate to operators, who provide crypto-economic security to BVSs and earn rewards from participating BVSs in exchange for this work. - BVSs the ability to slash staked $BTC collateral delegated to operators who act maliciously or do not act according to the required standards of the BVS.