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AltLayer is an open and decentralized protocol which accelerates the launch of rollups with optimistic and ZK rollup stacks. Its flagship product restaked rollups has been an industry disruptor, unlocking the true value of rollups with enhanced security, decentralization, fast finality, and interoperability.
AltLayer’s restaked rollups consist of three vertically integrated Actively Validated Services (AVS) titled MACH, VITAL, and SQUAD. These products leverage the permissionless nature of rollup stacks, and the principle of restaking, which allows networks to borrow economic security from Ethereum.
Each of these core services will operate as an AVS and will borrow security from Ethereum via EigenLayer’s restaking mechanism.
reALT serves as an auto compounding ERC-20 token designed to capture the staking contributions of ALT holders and accumulate the compounding rewards obtained. This token is distributed to individuals participating in the main staking pool by staking $ALT
By utilizing reALT, users gain the capability to engage in multiple pools concurrently, expanding their exposure and choice while enjoying the advantages of auto compounding.
Once reALT is issued,it can be redirected to various Launchpools related to restaking rollups, such as the Xterio pool. AltLayer will conduct periodic snapshots of the reALT balance, utilizing them to calculate forthcoming pool rewards.