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✨️AltLayer (ALT)
A Platform to Launch Native and Restaked Rollups with Both Optimistic and ZK Rollup Stacks.
AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism.
✨️ALT is AltLayer's native utility token and is used in the following functions:
✨️Economic bond:
ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if a malicious behavior is detected.
✨️Governance:
ALT token holders can vote on governance decisions.
✨️Protocol Incentivization:
Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.
✨️Protocol Fees:
Network participants will need to pay for intra-network services in ALT tokens.