Satlayer (the BTC restaking protocol I've been yapping at you about) just announced its token:
$ SLAY (đ
)
- 45% to Ecosystem, 20% to Early Contributors & 10% to Community
+ 21% initially circulating supply
+ I think Kaito Yappers are under this 10% community (no mention)?
- Gonna be a DAO governance thing (man) on EVM
- 3month cliff for any unlocks given to others
Main use is for restaking incentives, probably similar to $ BABY with Lombard Finance, where restakers can earn APR via their own token
Bullish or nah?

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