๐ก This Undervalued Coin is the Easy 10x Bet for Upcoming Bull Run
One of the major development in Crypto last year was Modularity. RaaS or Roll-up as a service was one of key component of that vision. Altlayer is one of the most underrated project you must discover......
โก What is reALT Restaking & Why it's Special
You stake your ALT tokens like normal staking where you only get APY. Now in reALT staking Instead of regular rewards, you get reALT tokens. These are special because they automatically reinvest your rewards back into your staking, week after week.
Normally, if you wanted to participate in other staking opportunities, you'd have to unstake your main staking (ALT tokens) . But with reALT tokens, you can delegate them to Launch Pools without losing your main staking position. This lets you earn rewards from multiple sources at once.
โก Altlayer Launchpool
AltLayer Launchpool is a ongoing staking opportunities offered by AltLayer itself. Here, you can stake ALT tokens alongside other cryptocurrencies (like ETH) to earn rewards from specific rollups (like MACH on DODOchain or Xterio). Yeah, similar like Binance Launchpool where you staked your BNB to earn Launchpool tokens.
๐ Why We are Bullish
> Altlayer is one of the pioneer of Restaking model, which is highly undiscovered and undervalued.
> RaaS will be one the biggest narrative in upcoming days with modularity hitting mainstream, Altlayer is the Frontrunner.
> The ALTrestaking is a great innovation to on-board new users in the platform with additional benefits of Launchpool.
> ALT is the largest node of AVS, and the largest contributor and partner of EigenDA in the Eigen. Which will create hype after Eigen Goes mainstream in Q3 2024 .
> On-Chain Metrics also shaping positive for Altlayer, the $ALT Volumes, Token Holders are growing up at great numbers.
๐ผ Data Credit - Altlayer, DappRadar, EigenLayer, Dune
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