Basic Information
| Information | Details |
|---|---|
| Project Name | AltLayer |
| Project Website | AltLayer |
| Project Description | AltLayer is an open and decentralized protocol for rollups, integrating EigenLayer’s restaking mechanism to enhance security, decentralization, interoperability, and crypto-economic finality. |
| Project Ticker | ALT |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | Retroactive |
| Total Airdrop Amount | 300,000,000 ALT (3% of total supply) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | January 17, 2024 (Ethereum block #19022890) |
| Claiming Started | January 25, 2024 |
| Claiming Ends | February 25, 2024 |
| Token Listing | January 25, 2024 (10:00 UTC) |
Token Distribution
| Distribution | Amount |
|---|---|
| NFT Holders | 35.47% |
| Altitude Campaign Participants | 37.07% |
| EigenLayer Restakers | 13.05% |
| EigenLayer Ecosystem Partners | 4.49% |
| Celestia Stakers and others | 9.92% |
Number of Qualified Addresses by Phase
| Phase | Number of Qualified Addresses |
|---|---|
| Phase 1 (Testnet bridge) | 104,472 |
| Phase 2 (Beacon/rollup staking) | 83,418 |
| Phase 3 (Restaking/flash layer) | 150,674 |
| Phase 4 (FOCG) | 130,623 |
Number of Qualified Addresses by Tier
| Tier | Number of Qualified Addresses |
|---|---|
| 720 ≤ Restaked Points ≤ 7,200 | 22,401 |
| 7,200 < Restaked Points ≤ 15,000 | 2,464 |
| 15,000 < Restaked Points ≤ 25,000 | 1,113 |
| 25,000 < Restaked Points ≤ 50,000 | 1,129 |
| Restaked Points > 50,000 | 1,612 |
Number of Teams
| Category | Number of Teams |
|---|---|
| EigenLayer & Partners | 39 |
Eligibility Criteria
To qualify for the airdrop, users must be:
- Holders of AltLayer OG Badge NFT (Circulating supply: 389)
- Holders of Oh! Ottie! NFT (Circulating supply: 1,768)
- Qualified participants of Altitude campaigns (Galxe campaigns run in four phases)
- Qualified EigenLayer Restakers (Specific criteria based on Restaked Points tiers)
- Qualified Celestia Stakers (Claiming available post-listing)
Additional conditions:
- Addresses identified as sybil actors have been disqualified.
- Users residing in restricted regions (United States, Canada, China, and other sanctioned countries) are not eligible.
Important Links
- Claim Portal
- Official Announcement
- Airdrop Announcement
- Binance Research Report
- EigenLayer Restaking Guide
Additional Information
- Claim Duration: The airdrop claim site will be open for 1 month from January 25, 2024, to February 25, 2024. Unclaimed tokens will be returned to AltLayer’s treasury.
- Future Airdrops: This is Season One; more airdrops are planned for additional ecosystem participants.
- ALT Token Functions:
- Economic bond: Used with restaked assets as economic stake (slashing risk for malicious behavior).
- Governance: ALT token holders participate in governance decisions.
- Protocol Incentivization: Operators can earn ALT as rewards.
- Protocol Fees: ALT tokens will be used for intra-network services.
- Launch Process: The token will be launched via Binance Launchpool. Users can stake BNB and FDUSD to farm ALT tokens over 6 days, starting from January 19, 2024.
- Sanctioned Regions: Residents of certain restricted territories (including the U.S., Canada, China, Iran, North Korea, Syria, and others) are ineligible.