Eligible Official NFT Holders and Re-Staking Users of AltLayer Season 1 Entitled to 300 Million ALT Airdrop
After the 45th phase of the LaunchPool project on Binance on January 19th, AltLayer officially announced the token distribution for the first season a few days later on the 23rd.
Table of Contents
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AltLayer (ALT) Token Applications
AltLayer (ALT) First Season Airdrop Summary
ALT Airdrop Eligibility
Airdrop Participants Based on Airdrop Points
EigenLayer Ecosystem Partners
AltLayer Airdrop Claim Website
AltLayer (ALT) Token Applications
AltLayer is an open-source protocol that adopts a blockchain modular design specifically for Rollups. It aims to provide RAAS (Rollups-as-a-Service), allowing developers to choose the most suitable Rollups stack based on their needs.
According to the official announcement, AltLayer (ALT) tokens will have the following applications:
Advertising – continued in the next section
Governance: Voting on protocol governance proposals.
Protocol Fees: Network participants need to pay network service fees using ALT tokens.
Protocol Incentives: AltLayer ecosystem operators can receive ALT token rewards.
Economic Bonds: ALT tokens are used together with re-staked assets for economic staking, where the more staked, the higher the weight in the system.
AltLayer (ALT) First Season Airdrop Summary
The first season airdrop for AltLayer totals 300 million ALT tokens, accounting for 3% of the total circulation. The snapshot was taken on January 17th, 08:00:11 Taiwan time. The airdrop claiming period is from January 25th to February 25th.
ALT Airdrop Eligibility
Official NFT project AltLayer OG Badge and Oh Ottie! holders
AltLayer Altitude event participants
EigenLayer stakers
EigenLayer ecosystem participants
Celestia stakers
Airdrop Participants Based on Airdrop Points
Kelp DAO, Ether.fi, Renzo Protocol, EigenLayer, and other re-staking users will distribute the airdrop based on airdrop points.
EigenLayer Ecosystem Partners
AltLayer also allocates a portion of the airdrop to the EigenLayer team and related partners as a token of appreciation for their continuous support of the “Restaked Rollup” service.
AltLayer Airdrop Claim Website
AltLayer reminds everyone that the airdrop claim website will be announced on the official Discord and Telegram channels on the 25th. Avoid clicking on unknown platforms. Information about the second season’s airdrop will be released later.
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