There are key recommendations about the explosive hot spots of ALT
#ALT is an open and decentralized Rollups protocol that brings together the novel idea of Restaked rollup. It takes existing rollups (derived from any rollup stack, such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK, etc.) and provides them with enhanced security, decentralization, interoperability, and fast finality of the crypto economy.
ALT tokens have the following 4 uses
Economic bonds, governance, protocol incentives, protocol fees
Three key core points of ALT
VITAL: An active verification service (AVS) where operators verify blocks and corresponding states submitted by rollup sequencers and raise fraud proof challenges when necessary.
MACH: A protocol that provides faster rollups finality by allowing operators to re-stake Ethereum-based assets to support any claims about rollup status.
SQUAD: Provides decentralized sorting with economic support. Decentralized sorting eliminates short-term vitality issues, poor MEV, rent extraction, and other issues associated with rollups operated by a single sequencer.
ALT users can obtain basic rewards by staking ALT tokens in the main reward pool, and delegate ALT tokens to different Launchpool pools through re-staking to win future rewards from projects such as Xterio, SWELL, and DODO.
reALT is an automatically compounding ERC20 shared token that captures users' ALT staking contributions and accumulates compound rewards. reALT is issued to users who stake ALT in the main staking pool. (Simply speaking, staking alt to get reALT and then staking in ecological projects to get multiple benefits)
AltLayer has become the largest AVS node of EigenLayer, showing the strong performance of ALT tokens in staking and ecosystem. ALT users can obtain basic rewards by staking ALT tokens, and participate in Launchpool pools of different projects through re-staking to win future rewards. As an automatically compounding ERC20 shared token, reALT can capture users' ALT staking contributions and accumulate compound rewards.
At present, the current price of ALT is 0.29U. Investors can consider investing in batches, and the long-term bullish potential is huge.