AltLayer is a decentralized protocol that facilitates the launch of native and re-staked rollups with both optimistic and zk rollup stacks.
Per design, AltLayer is an open and decentralised protocol that combines the security, decentralization, interoperability and fast finality of existing rollups with the power of EigenLayer's restaking mechanism. It covers multiple chains and the innovation will improve the rollups ecosystem.
It offers a versatile, no-code Rollups-as-a-Service launchpad that allows developers to spin up customized rollups with different rollup stacks, SDKs and DA layers, and supports ephemeral and persistent rollups. This power-combo mixes rollups using rollup stacks such as OP Stack, Arbitrum Orbit, ZKStack by ZKSync, Polygon CDK and others with the power of EigenLayer's restaking mechanism to bootstrap network security and build a decentralized network.
Why is this big news? Because AltLayer offers a versatile, no-code Rollups-as-a-Service (RaaS) launchpad that allows not only developers but also those with little to no coding experience to spin up a customized rollup within 2 minutes with only a few simple clicks.
AltLayer's ecosystem has been growing across all sectors with integrations and services to help dApp builders quickly get to building. Even more users where onboarded when with the $ALT airdrop! Restaked rollup providers airdroped ALT tokens to early supporters, including Eigenlayer and Celestia stakers.
The early adopters list included AltLayer OG Badge NFT holders, NFT holders, qualified participants of Altitude campaigns, as well as qualified EigenLayer restakers and Celestia stakers.
My moral is high again and February was sweet enough when thinking about rewards and surprises. I got eligible for the $ALT airdrop as a Celestia staker, and claimed my 241 tokens when it become available.
Claimed them on mainnet for "only" $14 fees, and added them into the HODL bag. Currently valued at $130 but with a high potential! More airdrops please!
As AltLayer's native utility token, $ALT will be used for bonding, governance voting, incentivization rewards for operators, and network transaction fees. It was confirmed that additional airdrops are planned for wider ecosystem partners and supporters in the upcoming months. Let's see what 2024 has in the bag!
Residual Income:
Play2Earn: Upland / Splinterlands / Doctor Who
Cashback Cards: Plutus Card / Crypto.com
Fountains: PipeFlare / GlobalHive ZCash