Dear Bitruers,
Today, we are excited to share a new article about AltLayer's upcoming ALT token airdrop!. Be sure to follow Bitrue's Official Twitter and Telegram to stay updated!
Introduction
AltLayer, a decentralized protocol specializing in restaked rollups, is gearing up to introduce its native ALT token. This launch is accompanied by an airdrop, offering early supporters and participants a chance to earn ALT tokens.
How to Participate in the AltLayer Airdrop
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Early Engagement: Early users who participated in AltLayer's testnet actions and claimed their NFTs may become eligible for the airdrop.
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Testnet Participation: Engage with the AltLayer testnet bridge, connect your wallet, and perform various actions like depositing ETH and MSEQ ERC-20 tokens.
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Binance Launchpool: Binance users can stake BNB and the FDUSD stablecoin to farm ALT tokens. The farming period begins on January 19, with the token listing on January 25.
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Airdrop Eligibility: The airdrop is planned for early supporters, including NFT holders and participants in community campaigns. A snapshot of qualified addresses was taken on January 17.
ALT Token Utility
The ALT token will serve as an economic bond within the AltLayer ecosystem. It will be used for governance decisions, rewarding operators, and paying protocol fees.
Terms and Conditions
Participants must comply with all applicable laws and regulations and provide accurate information. The airdrop does not require any purchase, but transaction fees may apply. The distribution of tokens will occur after the airdrop period, subject to successful verification.
Conclusion
The AltLayer airdrop presents a unique opportunity for early adopters and supporters to be part of a pioneering project in the blockchain space. With its innovative approach to rollups and the introduction of the ALT token, AltLayer is poised to make a significant impact.