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Team Solayer authored and gitbook-bot committed May 15, 2024
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14 changes: 11 additions & 3 deletions restaking/lst-restaking.md
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Expand Up @@ -18,13 +18,21 @@ Solayer will monitor for other potential LSTs to be added into the restaking buc

Any assets deposited into Solayer will be matched with an equivalent SPL token, denoted by an 's-' in its symbol. Collectively, we call them Solayer assets. Initially, these tokens won't be transferable as this helps in calculating points for the liquidity reward program. However, they will become transferable in the future. Apart from ‌native SOL, all other assets won't have any unbounding lockups.

Unlike Eigenlayer, which implements the unbonding process when assets are first converted to restaked assets, the AVS unbonding process is a separate step for Solayer. Solayer offers more flexibility for the AVSs on our SVN, allowing them to design their own unbounding process with a maximum unbounding period of 14 days. Solayer also provides an emergency exit mechanism to release the bound stake from users should the AVS cease to function.
Unlike Eigenlayer, which implements the unbonding process when assets are first converted to restaked assets, the AVS unbonding process is a separate step for Solayer. Solayer offers more flexibility for the AVSs on our SVN, allowing them to design their own unbounding process with a maximum unbounding period within 2 days. Solayer also provides an emergency exit mechanism to release the bound stake from users should the AVS cease to function.

The second phase of our protocol development will enable users to pledge their Solayer assets to secure additional networks by delegating them to a Solayer operator responsible for managing the AVS nodes. Should an operator engage in malicious behavior, they will be subject to penalties, resulting in a potential loss of the user's deposit. Consequently, users must exercise caution when selecting operators to delegate to, ensuring that they possess a trustworthy track record and fulfill the requisite criteria of the AVS.
Stage 2 of our protocol development will enable users to pledge their Solayer assets to secure additional networks by delegating them to a Solayer operator responsible for managing the AVS nodes. Should an operator engage in malicious behavior, they will be subject to penalties, resulting in a potential loss of the user's deposit. Consequently, users must exercise caution when selecting operators to delegate to, ensuring that they possess a trustworthy track record and fulfill the requisite criteria of the AVS.

Diverging from Eigenlayer's model, which restricts AVS selection to either native staking or Liquid Staking Tokens (LSTs), Solayer offers a more versatile approach. It empowers AVS developers to tailor their security measures according to their specific needs. 

###  Step-by-step guide to LST restaking 


**General Architecture of LST restaking** 

<figure><img src="../.gitbook/assets/image (11).png" alt=""><figcaption></figcaption></figure>

### &#x20;

### Step-by-step guide to LST restaking&#x20;



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8 changes: 7 additions & 1 deletion restaking/withdraw-from-solayer.md
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Withdrawals like in other staking systems are delayed by an epoch to ensure that delegated funds are fully out of the system and the AVS remains secure during the withdrawals. Native staked SOL withdrawals are limited to the underlying withdrawal delay from the Solana blockchain and Solayer epoch delay will be added on top of any underlying delays.

**Withdrawal Activation**

To ensure the healthiness of the protocool and smooth experience of withdrawing native SOL, Solayer will enable withdrawal between Epoch 1 - 5, before the release of sSOL. The SOL restaked will be locked while earning native and MEV yield in addition to restaking provided yield. The maximum lock period will be 1 month.&#x20;



**Unbounding period on Solayer**&#x20;

After restaking on Solayer programs, there will be a 7 day unbounding period after initiating the unstaking process, whether LST or native restaking. Secondly, before the process of delegation is released, any withdrawal from the restaking layer will incur a penalty in the points accrued based on time weighting and amount unstaked.&#x20;
After restaking on Solayer programs, there will be an average 2 day unbounding period after initiating the unstaking process, whether LST or native restaking. Secondly, before the process of delegation is released, any withdrawal from the restaking layer will incur a penalty in the points accrued based on time weighting and amount unstaked.&#x20;

**Step 1: You can see your total restaked asset in the table view**&#x20;

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