A great opportunity for all my followers c detail bellow 👍👍👍👍👍👍👍Don't forget to like, follow and share .Highlight Value Below .❤❤❤❤❤ is what I know about AltLayer's reALT token ¹ ² ³ ⁴:
- *Restaked ALT Token*: reALT is short for the restaked ALT Token, an auto-compounding ERC20 share token that captures the ALT staking contribution of a holder and accumulates the compounding rewards earned.
- *Purpose*: reALT token is issued to users staking ALT in the main staking pool.
- *Key Features*:
reALT can be delegated to multiple LaunchPools associated with restaked rollups, such as the Xterio pool.
Regular snapshots of reALT balance will be taken and will be used to calculate future pool rewards.
- *Benefits*:
Auto-compounding of ALT staking rewards, which will happen on a weekly basis.
Eliminates the need to unstake from the main ALT staking pool to participate in LaunchPools, therefore maximizing the APY from staking.
- *stALT and reALT*:
Starting from Phase II, users will now stake ALT token in the main pool and get reALT token.
The staking portal also includes a utility tool to convert stALT to reALT token.
- *Xterio LaunchPool*:
Xterio LaunchPool (Phase I) will now have a 0-day cooldown, allowing users to withdraw immediately and switch to Phase II.
The staking portal will now enable opting into Xterio LaunchPool (Phase II) to earn Xterio ecosystem rewards via reALT vault.
The system will continue to track TVL across both Phase I and Phase II Xterio LaunchPools for future rewards.#TransparentLiquidation #CMEBitcoinSpotTrading #MemeWatch2024 #Trendlines $BTC
