Binance is announcing the 45th project on the Binance Launchpool – AltLayer (ALT), a platform for launching native pools re-staking on both Optimistic and ZK pools. The webpage is expected to be live within 24 hours, prior to the launch pool starting.

Users will be able to stake their BNB and FDUSD tokens in separate pools to stake ALT tokens over a six-day period, with the stake period starting from 2024-01-19 at 00:00 (UTC).

Listing

Binance will then list ALT on 2024-01-25 at 10:00 (UTC), opening trading for ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD, and ALT/TRY trading pairs. ALT tokens will be labeled “Emerging”. ALT Launch Pool Details:

Token Name: AltLayer (ALT)

Token Supply Cap: 10,000,000,000 ALT

Token Launch Pool Rewards: 500,000,000 ALT (5% of the maximum token supply)

Initial Trading Supply: 1,100,000,000 ALT (11% of the maximum token supply)

Smart Contract Details: BNB Chain and Ethereum

Storage Conditions: ID Verification Required

Maximum Hourly Supply Per User:

277,777.77 ALT in BNB Pool

69,444.44 ALT in FDUSD Pool

Supported Pools:

BNB Staking (webpage will be available in approximately 24 hours): 400,000,000 ALT from Rewards (80%)