![](https://public.bnbstatic.com/image/pgc/202401/cb2987c719755d88d4643476e6b326df.png)
Staking Altlayer
What is AltLayer (ALT)?
AltLayer is a platform designed for application developers to launch executable layers for both extensibility and consolidation. AltLayer can be viewed as a composite layer with many new enhancements that make it disposable for developers and therefore highly resource optimized.
![](https://public.bnbstatic.com/image/pgc/202401/8bf4445113bec4631114fc66b4f26ec1.png)
AltLayer is designed for a multi-threaded and multi-VM world and will therefore have default support for EVM as well as WASM. AltLayer will not be tied to a single L1 or L2 but can act as a modular and connectable scaling solution for all EVM and WASM compatible chains.
![](https://public.bnbstatic.com/image/pgc/202401/d00bbe2f04df3203d28933cfa9e134bc.png)
Team
AltLayer project is led by Dr. Yaoqi Jia, former Parity Asia director and co-founder/CTO of Zilliqa. The development team is comprised of industry experts and award-winning researchers, having worked at Parity, Zilliqa and Synthetix.
Backers
The project has raised $7.2 million in seed round. Led by Polygon Capital, Breyer Capital and Jump Crypto.
![](https://public.bnbstatic.com/image/pgc/202401/57d5e9158be3d23b09241ca5679bbb37.png)
backed investors altlayer
How much can you earn from staking Altlayer tokens (ALT) ?
If you place Altlayer tokens (ALT) into staking on the XBANKING platform, you can earn up to 18% APR.
Note that the minimal amount for staking is 1 ALT token.
Staking Altlayer (ALT). Step-by-step guide
Visit https://xbanking.org
Click “Launch App”.
![](https://public.bnbstatic.com/image/pgc/202401/d9d9442d422cd5d16f65f5d34a3b0f63.png)
3. Find Altlayer Stacking Pool (ALT). 1) Select network, 2) Connect wallet, 3) Enter amount, 4) Confirm staking.
![](https://public.bnbstatic.com/image/pgc/202401/4e56a03d60d2a6f2bf1efa33d4a9f9ef.png)
4. Done! You can track your earnings from Altlayer (ALT) token staking in the Dashboard section.