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<p>SatLayer is a protocol focused on enhancing Bitcoin's security and scalability by enabling a decentralized layer for validators. By providing this layer, SatLayer aims to improve the security of Bitcoin’s consensus mechanism, reducing risks associated with centralization. The protocol leverages a system that allows for more decentralized participation in Bitcoin validation, contributing to the long-term resilience and security of the network. This includes the introduction of Bitcoin Validated Services (BVSs) and enables restaking, enhancing Bitcoin's security and utility within the blockchain ecosystem.</p>

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<p>Aug, 22 2024 SatLayer raised $ 8 in pre-seed funding round.</p>

SatLayer

SatLayer is a protocol focused on enhancing Bitcoin's security and scalability by enabling a decentralized layer for validators. 

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Anatoly Yakovenko

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Muneeb Ali

Animoca Brands

Big Brain Holdings

Lemniscap

Bware Labs

Wodo Gaming

Tectum

Lagrange Labs

Sleepless AI

Ledgity Yield

Alvara

Mechanism Capital

Zeus Network

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%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Ecosystem	45%	20.4%	24.6%
Team & Shareholders	22.5%	5.50%	15.5%
Treasury	18%	5.50%	15.5%
Community Airdrop	12.8%	5.50%	15.5%

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