TLDR Crypto · INNOVATION & LAUNCHES

ALTLAYER’S ALT TOKEN LAUNCH

blog.altlayer.io5 min read

Summary from the TLDR Crypto newsletter

AltLayer, an open, decentralized protocol for rollups, is launching its ALT token. The protocol provides enhanced security, decentralization, interoperability, and crypto-economic fast finality for existing rollups. It has collaborated with infrastructure teams in the Ethereum ecosystem and is being used by several projects across gaming and DeFi. The ALT token will launch via Binance Launchpool on January 25 and will be used for economic stake, governance, protocol incentivization, and fees.