SatLayer Price(SLAY)

SatLayer operates as a modular security layer built directly on the Bitcoin blockchain, designed to leverage Bitcoin's robust economic collateral to protect a wide range of decentralized applications and infrastructure. By introducing the concept of Bitcoin Validated Services (BVS), SatLayer transforms Bitcoin from mere investment into an active participant in the decentralized financial ecosystem. The platform employs smart contracts on the Babylon blockchain, allowing Bitcoin to be restaked and used as collateral for securing different decentralized services, thus optimizing capital efficiency and utility.

This innovative approach presents Bitcoin not only as a currency but as a means to protect and enhance various blockchain applications while earning users rewards in the process. Developers looking to build secure and efficient decentralized applications can integrate SatLayer's capabilities, thereby expanding their projects with the security guarantees that Bitcoin provides.