$ALT Significant positive news, expected to rise sharply in the near future, let's listen to the dream slowly: 👇🏻
Recently, AltLayer announced that it has entered the second phase and launched the re-staking ALT token reALT.
🔸reALT is an ERC20 token with automatic compounding, which captures and accumulates the contributions and rewards of ALT stakers.
🔸stALT is an ERC1155 token, representing the staking contribution, which can be manually converted to reALT.
🔸reALT can be delegated to multiple Launchpools related to the Xterio pool. AltLayer will regularly take real ALT snapshots for future fund pool reward calculations.
🔺What is the innovation of reALT?
Simply put, it is to kill two birds with one stone, and you can earn more tokens after staking ALT.
ALT users can obtain basic rewards by staking ALT tokens in the main reward pool, and delegate ALT tokens to different Launchpool pools through re-staking to win future rewards from Xterio, SWELL, DODO and other projects.
♦️The current altcoin price is only 0.3, and the staking will stimulate the short-term impact of 0.4-0.5, and the long-term target is around 0.9!
