Binance’s latest Launchpool project AltLayer (ALT)Introduction to AltLayer (ALT)
Token name: AltLayer (ALT)
Token maximum supply: 10,000,000,000 ALT
Initial circulation: 1,100,000,000 ALT (11% of the maximum supply of tokens)
Total mining amount: 500,000,000 ALT (5% of the maximum supply of tokens)
Smart contract details: BNB chain; Ethereum
Restrictions: KYC required
Personal hourly mining hard cap
BNB mining pool: 277,777.77 ALT
FDUSD mining pool: 69,444.44 ALT
Mining pool:
BNB Mining Pool (the website will be updated within 24 hours of this announcement before the mining activity opens): Total number of mines available 400,000,000 ALT (80%)
FDUSD Mining Pool (the website will announce this within 24 hours, mining activities Updated before opening): A total of 100,000,000 ALT can be mined (accounting for 20%)
Mining time: East Eighth District time in 2024 From 08:00 on January 19 to 07:59 on January 25, 2024
ALT is AltLayer’s native utility token and is used for the following functions:
Governance: ALT token holders can vote on governance issues.
Protocol incentives: Operators in the AltLayer ecosystem can receive ALT tokens as rewards for their services.
Protocol fee: Network participants need to use ALT tokens to pay for services within the network
