Introduction
Welcome to the SatLayer BVS documentation for developers and operators!
What is SatLayer?
SatLayer is a shared security platform designed to leverage Bitcoin as the primary security collateral. SatLayer enables BTC restakers to secure any type of dApp or protocol as a Bitcoin Validated Service (BVS).
SatLayer generates rewards by staking wrapped Bitcoin or Bitcoin LSTs to secure BVS applications. These BVS applications distribute their tokens as rewards to Bitcoin restakers who provide collateral, and operators who help with the validation.
Main Features
Some of the main SatLayer features include:
| Feature | Description |
|---|---|
| Vaults | The primary interface for users to deposit assets, receive shares, and withdraw assets when needed. |
| Services | Applications or protocols that utilize the SatLayer ecosystem for validation and security. |
| Operators | Operators are the validators, infrastructure providers, and operational backbone of the ecosystem. |
| Programmable Slashing | A programmable interface for services to execute slashing to penalize malicious behavior or perform defaulting swaps. |
| Rewards | A system for services to distribute rewards to operators and restakers, ensuring fair and regular compensation for their contributions. |
Next Steps
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