Nami Exchange officially lists AltLayer (ALT)

Dear Nami Community,

In order to expand the trading options to users and the community, Nami Exchange would like to announce the listing of AltLayer (ALT) with ALT/USDT, ALT/VNST and ALT/VNDC spot and swap trading pairs at 2024-01-25 11:00 (UTC).

Deposits and Withdrawals open time will be updated later in this announcement.

After completing the listing, Nami Exchange will also add this asset to Nami Earn with the Flexible Earn package, expected within 60 minutes from the time of listing.

What is AltLayer (ALT)?

AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism.

ALT is AltLayer's native utility token and is used in the following functions:

  • Economic bond: ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if a malicious behavior is detected.
  • Governance: ALT token holders can vote on governance decisions.
  • Protocol Incentivization: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services.
  • Protocol Fees: Network participants will need to pay for intra-network services in ALT tokens.

ALT Token Information

  • Name: AltLayer
  • Ticker: ALT
  • Blockchain: ERC-20, BEP-20
  • Circulating Supply: 1,100,000,000 ALT
  • Max Supply: 10,000,000,000 ALT
  • Contract:

BEP-20: 0x8457CA5040ad67fdebbCC8EdCE889A335Bc0fbFB

ERC-20: 0x8457CA5040ad67fdebbCC8EdCE889A335Bc0fbFB

More information:

Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.

About Nami Exchange

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