in January altcoin LOWERAltLayer, which launched , announced that it launched its staking service in late March.
According to The Block, AltLayer stated that the second phase of the staking program has started. Retaken ALT (reALT) introduced its token.
In the statement, Restaked ALT is in AltLayer’s main staking pool. LOWER It was stated that it is an automatically compounded ERC-20 token given to staking users.
At this point, investors who have already staked ALT in the staking pool can convert their stALT tokens (stake ALT) into reALT using AltLayer’s staking portal tool. was expressed.
“Phase II of AltLayer staking. We are excited to open its phase and launch of Retaken ALT (reALT).
reALT is an auto-compounding ERC20 token that captures a holder’s ALT staking contribution and accumulates compound rewards earned.
reALT token is issued to users who stake ALT in the main staking pool.
“The introduction of reALT is key to the AltLayer ecosystem and enables greater staker participation in preparation for the upcoming launch of MACH Alpha, a rapid finality service that will help secure and scale Layer 2 aggregations.”
post news LOWER The price moved upwards.
*This is not investment advice.
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