AltLayer, the leading provider of rollups infrastructure that facilitates Web3 scaling, successfully launched its ALT token on Binance following a 6-day launchpool initiative.
Introducing Restaked Rollups, AltLayer seeks to merge the user-friendly aspects of rollup stacks with EigenLayer’s restaking mechanism. The Restaked rollups consist of three Actively Validated Services, providing state correctness verification, accelerated finality, and decentralized sequencing.
AltLayer’s expansive ecosystem includes diverse infrastructure providers like EigenLayer, Espresso, Astria, Radius, Celestia, EigenDA, Avail, OP Stack, ZKStack, Arbitrum Orbit, Polygon CDK, and more. Noteworthy projects in gaming, DeFi, and various sectors have opted for AltLayer’s services, including Double Jump Tokyo, Avive, Cometh, Polychain Monsters, and Port3 Network.
The native utility token of AltLayer, ALT, serves multiple purposes, including bonding, participation in governance voting, rewarding operators, and covering network transaction fees. The ALT token will also be distributed through additional airdrops to broader ecosystem partners and supporters in the months to come. AltLayer’s commitment to innovation and a robust ecosystem continues to attract prominent projects across different industries.