$BTC #TradeNTell AltLayer, a protocol merging rollups from OP Stack, Arbitrum Stack, ZKStack, and Polygon CDK with EigenLayer's restaking mechanism, aims to bootstrap network security and decentralization. Its native ALT token acts as an economic bond, offering stake reduction for malicious behavior. ALT holders engage in governance decisions, while ecosystem operators earn rewards in ALT tokens. Network participants must pay protocol fees using ALT. AltLayer secured $22.8 million in two private token sale rounds, constituting 18.5% of the total ALT token supply. The project's approach combines diverse rollups and restaking mechanisms to create a robust and decentralized network.
