DROPPING NEWS FROM ALTLAYER

Last week AltLayer did something interesting announcement: $ALT token launch will take place on Binance on January 25, 2024.

For the first distribution season, a total of 300,000,000 $ALT (3% of total) has been allocated for distribution to:

1 NFT Holders (OG Badge and Oh Ottie!) Collections - 35,47%;

2 Altitude campaign participants - 37,07%;
Galxe's Altitude campaign used analytics to identify non-multi-account addresses that were eligible for airdrops. The selection criteria were:
🔶 the wallet address must have made at least one mainnet transaction in the last year, in addition to participating in the AltLayer Altitude campaign;
🔶 wallet addresses with the same funding source were disqualified.

3 EigenLayer restakers - 13,05%;
The amount of $ALT given to EigenLayer restakers is based on five levels of "Restaked Points". The project received Restaked Points data from the EigenLayer team, as well as from the Renzo, Ether.fi and KelpDAO teams.

4 Celestia Members - 9,92%;
Due to technical differences in the application mechanism, the project will make the airdrop available after listing. Please stay tuned for updates.

5 EigenLayer Partners - 4,49%.

‼💸 The token hallmark will be open for 1 month, starting on January 25th. The website address will be published on the official Altlayer accounts closer to January 25th. Any unclaimed tokens after the end of the application period will be returned to the AltLayer treasury.

More Here.

Author @evaneskate

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