Capabilities of the ALT token, framed for an engaged audience.
The ALTLAYER token is the core utility and governance asset within the AltLayer ecosystem, designed for robust, decentralized rollups.
Its key capabilities include:
· Restaking Delegation:
Holders can delegate ALT to operators to secure the network and any Rollups-as-a-Service launched via AltLayer, leveraging Ethereum's economic security via EigenLayer.
· Protocol Governance:
ALT confers voting rights on key ecosystem decisions, including treasury management, technical upgrades, and economic parameters.
· Protocol Incentives:
Operators (Sequencers, Rollup operators) and developers earn ALT for providing critical services and fees, ensuring the network remains active and decentralized.
· Fee Mechanism:
ALT is used for protocol-related payments, such as service fees within the ecosystem.