LIVEreALT is short for re-staked ALT token, an automatically compounding ERC20 staking token that captures the holder's ALT staking contribution and accumulates the compounding rewards earned. reALT tokens are issued to users who stake ALT in the main staking pool.
MACH double staking is a mechanism that allows users to stake ALT tokens along with ETH and LST to secure the MACH (Massive Automated Cryptographic Hash) system. The implementation of this staking mechanism adds more utility to ALT tokens while also borrowing the security of related assets such as ETH and LST.
The MACH system is an overlay network built on top of Ethereum that is designed to provide fast pre-confirmation and economic support. Compared to the approximately 12 minutes it takes to complete a transaction on Ethereum, MACH can provide fast pre-confirmation and economic support through re-stacking. As an AVS (Automated Verification System) with fast finality, MACH provides several core services to end users on the rollup, including fast pre-confirmation of rollup transactions, cryptoeconomic security, and decentralized verification of rollup status.
The double staking mechanism stakes ALT tokens along with ETH and LST to provide an additional layer of protection and ensure the security of the MACH system. This mechanism leverages the security of assets such as ETH and LST and combines it with the staking advantages of ALT tokens, providing users with more choices and flexibility.
Xterio MACH double staking is an innovation for Xterio rollup, designed to serve OP Stack rollup customized for games. Xterio is a leading Web3 game publisher and platform with multiple AAA games and a large number of game partners. The Xterio chain will focus on Web3 and AI-driven games, and plans to build an on-chain ecosystem around AAA games. Xterio MACH will serve as an AVS instance of an application-specific rollup setting, verifying the rollup blocks generated by the Xterio chain and serving as its fast final layer.
The price has remained in an upward trend channel for a long time, which indicates that the bulls are strong. However, the price has recently begun to approach the upper track of the channel and may face some pressure.
Judging from the shape of the K-line Yin-Yang line, some long upper shadows and sword-shaped Yin-Yang lines have appeared recently, indicating that selling is gradually increasing and the upward momentum may slow down.
In the short term, there may be a wave of violent shocks and consolidation, and investors need to pay close attention to the defense of the support level. In the medium term, if the support can be effectively maintained, a rebound can still be expected; but if the support is completely broken, the long-term upward channel may be terminated.
