@rumour.app
What is AltLayer (ALT) Used For?
The ALT token serves multiple functions within the AltLayer ecosystem:
Governance: ALT holders can participate in decentralized governance, voting on protocol upgrades, parameter adjustments, and other important decisions affecting the network.
Network Fees: ALT is used to pay for transaction fees and services within the AltLayer ecosystem.
Staking: Users can stake ALT to secure the network and earn rewards.
Validator Incentives: Validators who help secure the network receive ALT rewards for their contributions.
Protocol Access: Developers may need ALT to deploy and maintain rollups on the platform.
