AltLayer Airdrop: Grab Your Share of Exciting $ALT Tokens Today!
In a thrilling announcement made just last week, AltLayer revealed that the ALT token is set to make its debut on Binance on January 25, 2024. This marks a monumental achievement for the AltLayer team, and they’re extending their heartfelt gratitude to the incredible community that has been an unwavering source of support. From the early stages of conception to the development of a fully-fledged product now embraced by industry-leading projects, AltLayer’s journey has been enriched by the enthusiastic cheers of its community.
The active participation of the AltLayer community in championing the AltLayer cause, testing products and services, and contributing to community growth and cohesion has been pivotal in reaching this milestone. The AltLayer team deeply values and acknowledges the pivotal role the community has played in propelling them forward and eagerly anticipates ongoing collaboration and shared achievements.
Today, after nearly two years since the project’s inception, the AltLayer community has grown to encompass over 1 million individuals across Twitter, Discord, and beyond. AltLayer’s work also stands on the shoulders of other projects in the space, such as EigenLayer and Celestia, and they are immensely grateful for the contributions made by these respective ecosystems, which have expanded their horizons beyond their initial vision.
The community’s contributions mean the world to AltLayer! As a token of their appreciation, they are extending an invitation to the community to join the “ALT Token community.” To this end, AltLayer has meticulously planned an airdrop to reward early supporters and partners. This post provides comprehensive details on the airdrop mechanics, eligibility criteria, and other pertinent information.
Before delving into the specifics, it’s essential to understand that ALT is poised to become AltLayer’s native utility token, serving diverse functions encompassing economic bonding, governance, protocol incentivization, and protocol fees.
For ALT Airdrop Season One, a substantial allocation of 300,000,000 ALT Tokens (equivalent to 3% of the total supply) has been earmarked for distribution across various categories, including NFT Holders, Altitude campaign participants, EigenLayer restakers, EigenLayer ecosystem partners, and Celestia stakers.
NFT Holders who possess AltLayer OG Badge and Oh Ottie! Collection NFTs at the specified snapshot time are eligible for this exciting airdrop.
Altitude Campaign Participants who actively participated in AltLayer Altitude Campaigns during the past year and met specific criteria have qualified for this exclusive airdrop.
EigenLayer Restakers will receive ALT tokens based on their Restaked Points, which are meticulously calculated using EigenLayer’s restaking mechanism.
EigenLayer Ecosystem Partners will also receive airdrops as a token of appreciation for their unwavering support.
Celestia Stakers and others will soon have their airdrops available for claim, with a dedicated token airdrop portal currently in development.
The airdrop claim site will be open for one month, commencing on January 25, 2024, and concluding on February 25, 2024. Any unclaimed ALT tokens following this period will be returned to AltLayer’s Treasury.
AltLayer extends its sincere appreciation for the community’s unwavering love, support, and contributions. The community’s involvement has been invaluable, and AltLayer hopes for continued support as ALT aligns incentives across the ecosystem. They emphasize that this is just the beginning, with more exciting developments on the horizon.
The AltLayer Team is eagerly looking forward to January 25th and extends heartfelt gratitude to the community for its pivotal role in their success. They also note that community members from sanctioned regions will not be eligible for the airdrop.
