Binance Exchange has announced the AltLayer (ALT) project as its 45th Launchpool project, which aims to accelerate scaling for Web3. The web page is expected to be available to users 24 hours before the Launchpool starts.
You might like: What is AltLayer (ALT), Binance’s new Launchpool project?
Users will be able to stake their BNB and FDUSD in separate pools to collect ALT tokens for 6 days starting from 00:00 (UTC) on January 19, 2024.
Later, Binance will list ALT on January 25, 2024, at 10:00 (UTC), and enable trading with the ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD, and ALT/TRY trading pairs.
ALT Launchpool Details:
- Token Name: AltLayer (ALT)
- Maximum Token Supply: 10,000,000,000 ALT
- Launchpool Token Rewards: 500,000,000 ALT (5% of maximum token supply)
- Initial Circulating Supply: 1,100,000,000 ALT (11% of maximum token supply)
- Smart Contract Details: BNB Chain, Ethereum
- Staking Conditions: KYC required
- Hourly Fixed Limit Per User:
- 277,777,77 ALT in the BNB pool
- 69,444,44 ALT in the FDUSD pool
- Supported Pools:
- Stake BNB (web page will be available in about 24 hours): 400,000,000 ALT rewards (80%)
- Stake FDUSD (web page will be available in about 24 hours): 100,000,000 ALT rewards (20%)
- Farming Period: From 00:00 (UTC) on January 19, 2024 to 23:59 (UTC) on January 24, 2024.
Binance Exchange Registration Link with 20% Discount
Click Here to Trade Binance Futures (Margin) with 10% Discount
You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.