Bybit, a leading spot trading platform, announced the listing of AltLayer (ALT), an open and decentralized protocol designed for rollups.
Bybit Announces Listing of AltLayer (ALT) and Launch of Special Events
ALT Deposits: February 18, 2024, 13:00
SUB Listing: February 19, 2024 at 11:00
ALT Withdrawal Transactions: 20 February 2024, 13:00
Deposits and withdrawals will be possible via the Ethereum network and will be available for trading via Spot Grid Bots once ALT is listed.
To increase interest in the listing, Bybit has prepared special events with a total prize pool of 100,000 USDC.
The first event will be held between 18 February 2024, 13:00 and 1 March 2024, 11:59:00. Participants must register for the event to get started.
What is AltLayer?
AltLayer is a project that introduces the innovative concept of Retaken Rollups, which is compatible with various rollup stacks such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack and others.
Using a restaking mechanism, AltLayer enhances these rollups with improved security, greater decentralization, greater interoperability, and faster crypto-economic termination.
*This is not investment advice.