Altlayer (ALT) crypto asset is now available on INDODAX on the ERC-20 network.

 

Want to know more about Altlayer (ALT)?

 

Get to know Altlayer (ALT) before buying. Read in full below!

 

Data and Information Altlayer (ALT) Token

AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability, and crypto-economic fast finality by leveraging restaking mechanism.

 

ALT is AltLayer’s native utility token and is used in the following functions:

 

• Economic bond: ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if malicious behavior is detected.

• Governance: ALT token holders can vote on governance decisions.

• Protocol Incentivization: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.

• Protocol Fees: Network participants must pay for intra-network services in ALT tokens.

 

AltLayer’s core offering of restaked rollups consists of three key products:

 

1. VITAL: An Actively Validated Service (AVS) where operators verify blocks and the corresponding states committed by the rollup sequencer and raise fraud-proof challenges if necessary.

2. MACH: A protocol to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state.

3. SQUAD: Offer decentralized sequencing with economic backing. Decentralized sequencing eliminates short-term liveness concerns, bad MEV, rent extractions, and other issues associated with rollups that operate with a single sequencer.

 

AltLayer has raised 22.8MM USD from two rounds of private token sales, where 18.50% of the ALT total token supply has been sold at 0.008 USD / ALT and 0.018 USD / ALT, respectively.

 

AltLayer’s investors include Polychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5, Balaji Srinivasan (former CTO of Coinbase and former GP of a16z), Gavin Wood (Co-Founder of Ethereum and Parity), Sean Neville (Circle Co-Founder and USDC architect) and Ryan Selkis (Founder of Messari), among others.

 

As of January 17th, 2024, the total supply of ALT is 10,000,000,000, and the circulating supply upon listing will be 1,100,000,000 (11.00% of the total token supply.)

 

Altlayer (ALT) Crypto Asset Ranking

As of February 6, 2024, the CoinMarketCap ranking of Altlayer (ALT) is #139, with a market cap of USD 335,120,227. It has a circulating supply of 1,100,000,000 ALT coins and a maximum supply of 10,000,000,000 ALT coins.

 

How to Buy Altlayer (ALT) Crypto Asset on INDODAX

Now that you’ve discovered more about Altlayer (ALT), you can start investing in Altlayer (ALT) crypto assets on INDODAX easily and securely by visiting the INDODAX website or downloading the INDODAX Mobile App from the App Store or Google Play Store on your device.

 

To buy Altlayer (ALT) crypto assets on INDODAX, follow the steps below:

 

1. Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
2. Then, deposit by reading how to deposit
3. After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
4. Search for ALT in the IDR market, and click to visit the crypto asset page
5. On the crypto asset page, enter the balance and desired ALT purchase price, or buy instantly at the current price
6. Next, you should wait for the price to increase for some time
7. Once the price increases, your assets can be sold at a higher price with the Instant method
8. If you use the Limit method, make sure to place a sell order after purchasing the asset and enter a higher sell number

 

Let’s invest in Altlayer (ALT) crypto on INDODAX for your #AsetMasaDepan!