The fifth essay contest project ALT re-staking ecology @AltLayer Introduction information:
AltLayer (ALT) is a project dedicated to the expansion of Ethereum. Since its establishment at the end of 2021, it has helped more than 40 partners to customize and release exclusive application chains based on rollup technology, and assisted projects such as Xterio, SWELL, and DODO to use advanced re-staking models to release Restaked Rollup (which is also one of the earliest AVS launched on EigenLayer's mainnet).
ALT users can obtain basic rewards by staking ALT tokens in the main reward pool, and delegate ALT tokens to different Launchpool pools by re-staking to win future rewards from projects such as Xterio, SWELL, and DODO.
For more information, please see the announcement:
reALT launch and staking platform upgrade
first step:
Use the tag #ALT再质押生态 to post content in the square and have a chance to share rewards. We look forward to your unique insights and in-depth analysis to jointly explore the development prospects of the $ALT ecosystem.
Your posts on the Square must cover:
-Currency label$ALT , topic tags#ALT再质押生态
-Describe the innovation of reALT re-staking model
-Can describe the innovations of ALT Restaked Rollup and Launchpool in technology and token economic model
- ALT can be introduced as the core release platform of AVS, the largest node of AVS and the largest contributor and partner of EigenDA, and its role in the EigenLayer ecosystem
Step 2:
Share your Plaza post on your social media (X), use the hashtag #ALT再质押生态 and encourage your social media followers to comment/like/share the post for better exposure!
Activity Rules:
After the event, we will select 50 high-quality content from the posts under this topic. All eligible posts must have at least 20 interactions (likes, shares or comments) and at least 200 characters.
55,000 ALTs will be divided up based on the number of views, with each winner receiving between 480 and 2,800 ALTs.
If the number of views is >2000, you will receive a reward of 480 ALT, with a quota of 25.
If the number of views is >8000, you will receive a reward of 1000 ALT, with a quota of 15.
If the number of views is >15,000, you will receive a reward of 2,800 ALT, with a quota of 10.
All content must be published before 16:00 (UTC+0) on May 21, 2024 to be eligible for rewards.
Terms and Conditions
- Only relevant content (including posts and articles) that received at least 20 interactions (i.e. total number of emojis, comments or shares) during the campaign period will qualify as eligible content.
-Any misuse of the hashtag will result in exclusion from the event.
-Only original, new content is eligible. Previously submitted work is not eligible.
-You can publish multiple different high-quality content to increase your chances of winning.
- We will distribute the rewards to your account within 10 working days. Users can view their rewards in "Funds" > "Fund Account".
-All eligible users will receive a message notification from the Square Secretary in the Creator Center.
- Binance reserves the right to disqualify any account that violates the Binance Square Community Guidelines or Terms and Conditions.
- Binance reserves the right to amend or change these terms and conditions at any time at its sole discretion without prior notice, including but not limited to canceling, extending, terminating or suspending this event, the eligibility terms and criteria, the selection and number of winners, and the timeline for taking any action, and all participants shall be bound by such amendments. Binance reserves the right of final interpretation of this event.
About Binance Square
Binance Square, formerly known as Binance Feed, aims to be a one-stop social platform for the latest trends in Web3. Featuring a vast collection of content from renowned cryptocurrency experts, enthusiasts, and trusted media sources, the platform serves as a bridge between content creators and their followers, customizing users’ feeds based on their respective engagement histories.
