Binance Launches #AltLayer (ALT) on Launchpool: A New Era for Rollups
In a recent announcement, Binance has unveiled AltLayer (ALT) as the 45th project on its Launchpool, introducing a dynamic platform for native and restaked Rollups with both Optimistic and ZK Rollup Stacks. The eagerly anticipated webpage is set to go live within the next 24 hours, just ahead of the Launchpool kickoff.
Farm ALT Tokens by Staking BNB and FDUSD
Starting from January 19, 2024, at 00:00 (UTC), users can participate in a six-day farming period by staking BNB and FDUSD separately. This process allows participants to earn ALT tokens as rewards. The anticipated listing of ALT on Binance is scheduled for January 25, 2024, at 10:00 (UTC), accompanied by the availability of trading pairs such as ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD, and ALT/TRY. Notably, the Seed Tag will be applied to ALT during this phase.
Key Details of ALT Launchpool:
- 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.
This strategic move by Binance marks a significant step forward in the blockchain space, offering users the opportunity to engage in the ALT Launchpool and be part of the growing ecosystem. ALT's integration of both Optimistic and ZK Rollup Stacks positions it as a promising player in the realm of decentralized technologies.
Conclusion
As the crypto community eagerly awaits the launch of AltLayer (ALT) on Binance Launchpool, the platform continues to demonstrate its commitment to fostering innovation and providing users with access to cutting-edge projects. The farming period and subsequent listing of ALT open up exciting possibilities for users looking to participate in the evolving landscape of blockchain and decentralized finance.
#MANTA #Launchpool