AltLayer (ALT) is a project dedicated to the expansion of Ethereum. Since its establishment at the end of 2021, it has helped more than 40 partners to customize and release exclusive application chains based on rollup technology, and assisted projects such as Xterio, SWELL, and DODO to use advanced re-staking models to release Restaked Rollup (which is also one of the earliest AVS launched on EigenLayer's mainnet).
ALT users can obtain basic rewards by staking ALT tokens in the main reward pool, and delegate ALT tokens to different Launchpool pools by re-staking to win future rewards from projects such as Xterio, SWELL, and DODO.
#ALT再质押生态
On May 2, Alt’s official website announced that reALT will be distributed to users who stake ALT in the main staking pool.$ALT
And with reALT, you can participate in many pools simultaneously to maximize exposure and selection, and benefit from automatic compounding.
Currently, there are two official LaunchPools. reAlt can be captured regularly through snapshots for future mining pool rewards.
The following is the re-staking process:
Step 1: Transfer the $ALT in the spot wallet to a third-party wallet through the blockchain. Select Ethereum (ERC20) as the transfer network. The network fee is relatively expensive, about 020015 ETH per time.
Step 2: Go to the Alt staking website stake.altlayer.io/stake, link a third-party wallet, and stake $ALT as stAlt
Then convert stAlt to reAlt
Step 3: In the vault, complete the click delegation in two LaunchPools to achieve one-click three-eat
You can also further use these two LaunchPools to enter the EigenLayer ecosystem to obtain future airdrops.
As for EigenLayer, from the last airdrop, each low-income account can get 100 EIGEN, which is a considerable profit of about $800. So it is still worthwhile to pledge and re-stake ALT this time.
