The latest Launchpool project Altlayer (ALT)

Source: binance official website sorting: Shan Ouba, Bitchain Vision

At 19:00 on January 17, 2024, Binance issued an announcement saying that the 45th project of Binance’s new mining was launched, using BNB and FDUSD mining Altlayer (ALT).

Users can put BNB and FDUSD on the Launchpad website at 08:00 (East Eight District Time) on January 19, 2024, to get ALT rewards in the Altlayer mining pool, and AlT can be mine for 6 days.The website is expected to be updated before the announcement of mining activities within about 24 hours.

also,Binance will be launched at 18:00 (Beijing time) on January 25, 2024And open Alt/BTC, Alt/USDT, Alt/BNB, ALT/FDUSD, Alt/Try.The seed label will be applied to alt.

Altlayer (Alt) Introduction

Token Name: Altlayer (Alt)
The maximum supply of tokens: 10,000,000,000 alt
Initial circulation: 1,100,000,000 ALT (11%of the maximum supply of tokens)
Total mining: 500,000,000 ALT (5%of the maximum supply of tokens)
Smart contract details:BNB chainItemsEthereum
Restriction clause: KYC requires KYC
Personal mining hard top per hour

BNB mining pool: 277,777.77 alt

FDUSD mining pool: 69,444.44 alt

Mining pool:

BNB mining pool (the website will be updated before the announcement of mining activities within 24 hours): A total of 400,000,000 ALT can be mine (80%)
FDUSD mining pool (the website will be updated before the announcement of the announcement within 24 hours): A total of 100,000,000 alt can be mining (20%)
Mining Time: East Eight District Time, January 19, 2024 08:00 to January 25, 2024 07:59

Mining quota distribution

Note: The daily table is UTC time, which is converted into East Eight District time from 08:00:00 am on the day to 07:59:59 the next day.

Altlayer (alt) research report

Altlayer is an open and decentralized protocol designed for Rollups.Altlayer brings a novel idea -re -pledged Rollups, which uses any Rollup stack (such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.), and provides them with enhanced security by using the re -pledge mechanismSex, decentralization, interoperability, and the rapid ending of the encrypted economy.
Alt is the native practical tokens of Altlayer, for the following functions:

Economic Bond: AlT tokens will be used with re -pledged assets to provide economic pledge.If malicious behavior is detected, this pledge can be cut.
Governance: ALT token holders can vote for decision -governance issues.
Agreement incentive: Operators in the Altlayer ecosystem can get ALT tokens as rewards for their services.
Agreement fee: Network participants need to pay the service fee inside the network with Alt token.

Altlayer’s core product -re -pledged Rollups, consisting of three key products:

Vital: A active verification service (AVS), here, the operator verifies the block and corresponding state submitted by the Rollup sequencer, and the challenge of fraud is proposed if necessary.
Mach: A protocol, which allows operators to re -pledge assets based on Ethereum to support any statement of Rollup status, provide faster ROLLUPS endability.
Squad: Provides decentralized sort with economic support.Decentralized sorting eliminates other issues related to Rollups related to the operation of a single -sequencer operation.

Altlayer raised $ 22.8 million through two rounds of private token sales, of which 18.50%of the ALT total tokens were sold at the prices of $ 0.008/Alt and $ 0.018/ALT.
Investors of Altlayer include Poychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5, Balaji Srinivasan (former chief technical officer of Coinbase and former A16Z global partners), Gavin WOOD (Ethereum and Parity Co -founder), Sean Neville(Circle co -founder and USDC architect) and Ryan Selkis (founder of MESSARI) and so on.
As of January 17, 2024, the maximum supply of ALT was 10 billion yuan, and the circulation supply at the time of listing will be approximately 1.1 billion (accounting for about 11.00%of the maximum token supply).