$ALT .
AltLayer is an open and decentralized protocol for rollups. AltLayer combines a novel idea for Restaked Rollups, which take rollups (built using any rollup stack, such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provide them with enhanced security, decentralization, operational interoperability, and fast, cost-effective cryptoeconomic finality by leveraging restaking.
ALT is the native utility token of AltLayer and is used for the following functions:
Economic bonds: The ALT token will be used alongside restaked assets to provide an economic stake. This stake can be slashed if malicious behavior is detected.
Governance: ALT token holders can vote on governance decisions.
Protocol incentives: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.
Protocol fees: Network participants will have to pay for services within the network using ALT tokens.
AltLayer’s core offering for Restaked Rollups consists of three key products:
VITAL: An Actively Validated Service (AVS) where operators verify blocks and the corresponding states committed to by the rollup sequencer, and raise fraud-proof challenges if necessary.
MACH: A protocol for providing faster finality for rollups by allowing operators to restake Ethereum-based assets to back claims about the rollup’s state.
AltLayer is an open and decentralized protocol for rollups. AltLayer combines a novel idea for Restaked Rollups, which take rollups (built using any rollup stack, such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provide them with enhanced security, decentralization, operational interoperability, and fast, cost-effective cryptoeconomic finality by leveraging restaking.
ALT is the native utility token of AltLayer and is used for the following functions:
Economic bonds: The ALT token will be used alongside restaked assets to provide an economic stake. This stake can be slashed if malicious behavior is detected.
Governance: ALT token holders can vote on governance decisions.
Protocol incentives: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.
Protocol fees: Network participants will have to pay for services within the network using ALT tokens.
AltLayer’s core offering for Restaked Rollups consists of three key products:
VITAL: An Actively Validated Service (AVS) where operators verify blocks and the corresponding states committed to by the rollup sequencer, and raise fraud-proof challenges if necessary.
MACH: A protocol for providing faster finality for rollups by allowing operators to restake Ethereum-based assets to back claims about the rollup’s state.