AltLayer [ALT] farming will be launched on Binance Launchpool on January 19th
Farming of $ALT tokens will be launched on Binance Launchpool. Users will be able to stake their BNB and FDUSD tokens into separate pools to farm $ALT over 6 days, starting January 19th, 00:00 UTC. 500M $ALT (5% of total token supply) will be offered on Launchpool: 400M $ALT in rewards (80%) will be offered to $BNB stakers, 100M $ALT (20%) to $FDUSD. Binance will list token on January 25th, at 10:00 UTC.
AltLayer is an open and decentralized protocol for developers to launch application-tailored rollups. Previously, it has raised $7.2M in two funding rounds backed by Binance Labs, Polychain Capital, Jump Crypto, Breyer Capital and others.
🔗 binance.com/en/support/announcement/introducing-altlayer-alt-on-binance-launchpool-farm-alt-by-staking-bnb-and-fdusd-8415d71c5cce481fb8bdec3651972366
