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Artem
@goodnession
1/ today we release the first open-source Solana LRT codebase. as part of Solayer 101, we introduced the Solana Program Template (SPT) which provides Solana developers with free and open-source templates for various program implementations.
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@goodnession
2/ what is the Solana Program Template? SPT is an initiative as a part of Solayer 101 to address common pain points within the Solana developer experience. SPT is a repository that includes a full suite of deployable and ready-to-go rust programs with end-to-end typescript interaction examples.
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@goodnession
3/ what is an LRT? the Solayer LRT template is the first program we include as a part of our SPT initiative. until today, there have been no fully deployable LRT templates on Solana, creating a fragmented and difficult developer experience. an LRT is an automated vault strategy that diversifies stake into different AVSs launched on Solayer, and other restaking protocols.
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@goodnession
4/ we as core team decided to open source this for a few reasons: 1. solana has the user base. we need more developers. 1. solana needs novel systems and more applications 2. showcase as first example among the Solana Program Templates to allow for other developer submission 3. LRT is yet another yet to be seen mechanism in flourishing Solana restaking
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