CandleFocus

AltLayer Protocol Enhances Rollup Security

AltLayer is a decentralized protocol that aims to improve rollups by introducing Restaked Rollups, which increase security and decentralized functionalities. The protocol's native token, ALT, will be available on Binance, providing users access to AltLayer's offerings. ALT serves as the primary token within the ecosystem, with roles in economic staking, governance, incentives, and protocol fees. The total supply of ALT is capped at 10 billion, with an initial circulating supply of 1.1 billion upon listing on Binance. Users can acquire ALT on Binance starting from January 25, 2024, using various trading pairs. This listing on a leading exchange expands AltLayer's reach and user base.

Related News