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AltLayer: reALT, the re-staked ALT token, now available

CointimeCointime2024/05/02 09:25
By:Cointime

Rollup platform AltLayer has announced the launch of reALT, a new ALT token that can be re-staked automatically for compound interest as an ERC20 token. It captures users' ALT staking contributions and accumulates the interest rewards obtained. reALT is distributed to users who stake ALT in the main staking pool. In the second phase, users who stake ALT tokens in the main pool will receive reALT tokens. Keep realALT in your wallet at all times. These will be captured periodically through snapshots for future pool rewards.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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