[AltLayer launches the second phase of ALT betting]
AltLayer launched the second-stage mortgage of ALT tokens, introducing a dual mortgage mechanism, allowing users to mortgage ALT, ETH and LSTs at the same time. Users of this innovative staking method will be able to earn rewards from the upcoming Xterio ecosystem.
Using MACH, an advanced AVS technology, users can allocate ETH and LSTs to provide economic guarantee to prove the feasibility of the relevant Rollup, thereby accelerating the operation of the terminal layer and enhancing the security of the Rollup.
MACH not only serves as an overlay network that accelerates pre-confirmation and economic support, but also provides fast transaction pre-confirmation for end users on Rollup, ensuring the security of the encrypted economy and the decentralized feasibility of the Rollup situation.
Through double collateralization, users can fully utilize the value of ALT tokens while increasing their utility, increasing the scope of ALT applications through the security of ETH-oriented assets.
AltLayer cooperates with Xterio this time to promote dual stacking into the Xterio MACH stage. As a top Web3 game publisher and platform, Xterio has rich AAA game resources and an extensive network of game partners, and has established a global network with two A game community with millions of users, and actively participates in building a prestigious game NFT platform, focusing on game development driven by combining Web3 and AI technology, and creating an on-chain ecosystem around AAA games.
