According to the news of The Block AltLayer launches token staking service.
Accordingly, AltLayer, its native token LOWERBy enabling staking of , it allows owners to contribute to the economic security of its ecosystem.
Sharing from the X account, the AltLayer team wrote:
“ALT staking has now started. We are starting a phased launch of MACH Alpha.
With staking, ALT holders can participate in the ecosystem and contribute to providing economic security.
ALT staking kicks off phased launch of MACH Alpha. MACH Alpha was developed as an actively verified service on EigenLayer and to prioritize economic security.
This service will support Optimism mainnet and Arbitrum One. Additionally, this service will be used to secure and help scale Layer 2 solutions. “
After the news LOWER The price started to rise.
💥 ALT staking is now LIVE, kicking off a phased launch of MACH Alpha: our fast-finality layer 💥
With staking, ALT holders can participate & provide economic security 👉 https://t.co/EKc1YpZlSIhttps://t.co/oy5acht8OW
Our vision for MACH Alpha 🧵👇https://t.co/eA5HQNRK9m pic.twitter.com/Hn0CgDczy1
— AltLayer (@alt_layer) March 27, 2024
*This is not investment advice.
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