Introducing AltLayer (ALT) on Binance Launchpool! Farm ALT by Staking BNB and FDUSD

2024-01-17 12:36

Fellow Binancians,

Binance is excited to announce the 45th project on Binance Launchpool - AltLayer (ALT), a platform to launch native and restaked Rollups with both Optimistic and ZK Rollup Stacks. The webpage is estimated to be available in 24 hours, before the Launchpool starts.

Users will be able to stake their BNB and FDUSD into separate pools to farm ALT tokens over six days, with farming starting from 2024-01-19 00:00 (UTC).

Listing

Binance will then list ALT at 2024-01-25 10:00 (UTC) and open trading with ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs. The Seed Tag will be applied to ALT.

ALT Launchpool Details:

Token Name: AltLayer (ALT)

Max Token Supply: 10,000,000,000 ALT

Launchpool Token Rewards: 500,000,000 ALT (5% of max token supply)

Initial Circulating Supply: 1,100,000,000 ALT (11% of max token supply)

Smart Contract Details: BNB Chain, Ethereum

Staking Terms: KYC required

Hourly Hard Cap per User:

277,777.77 ALT in BNB pool

69,444.44 ALT in FDUSD pool

Supported Pools:

Stake BNB (webpage will be available in around 24 hours): 400,000,000 ALT in rewards (80%)

Stake FDUSD (webpage will be available in around 24 hours): 100,000,000 ALT in rewards (20%)

Farming Period: 2024-01-19 00:00 (UTC) to 2024-01-24 23:59 (UTC).

ALT Farming Distribution

Dates (00:00:00 - 23:59:59 UTC each day)

Total Daily Rewards (ALT)

BNB Pool Daily Rewards (ALT)

FDUSD Pool Daily Rewards (ALT)

2024-01-19 - 2024-01-24

83,333,333.33

66,666,666.66

16,666,666.66

Read about AltLayer (ALT) in our research report here, which will be available within 30 minutes of publishing this announcement.

Project Links

Website: https://altlayer.io/

Whitepaper: https://docs.altlayer.io/

X: https://twitter.com/alt_layer

Discord: https://discord.com/invite/altlayer

Telegram: https://t.me/altlayer

Medium: https://blog.altlayer.io/