Binance, the world’s largest cryptocurrency exchange, announced today that its 45th launchpool project is AltLayer (ALT).
Binance also stated that it will list ALT at 10:00 UTC on January 25, and ALT/BTC, ALT/USDT and ALT/BNB, ALT/FDUSD and ALT/TRY trading pairs will be available for trading.
After this announcement by Binance, the AltLayer team announced that it will launch its native token ALT on January 25.
At this point, the team stated that it will be released through Binance Launchpool after the farming period that will start on January 19, and also gave the good news of an airdrop for its first users after the listing.
Explaining the details, the team said that the first supporters of the project after the listing, including NFT owners and those participating in community campaigns, could participate in the airdrop, and that the airdrop snapshot was taken on January 17.
“Note that this airdrop is the first wave of airdrops to our community.
More airdrops will be made to our broader ecosystem partners and supporters in the coming months.
AltLayer will then also announce airdrops for qualified EigenLayer stakers and Celestia stakers.”
BREAKING NEWS: ALT – the official token that will power the AltLayer ecosystem – will soon be launched on @binance Launchpool.https://t.co/KRQ0LRM2qy
— AltLayer (@alt_layer) January 17, 2024
Stating that 1.1 billion tokens will be released to the market in the first stage, the team stated that 15% of the total supply will be allocated to airdrop.
Finally, the team stated that community members who reside or are citizens of the United States, Canada, China, Iran, Cuba, North Korea, Syria, Myanmar (Burma), Crimea, Donetsk or Luhansk regions are not eligible for airdrop.
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