AltLayer Announcements

Introducing Dual Staking for Cyber MACH Network

Following the debut of LaunchPool for Xterio and DODOChain powered by our innovative MACH solution, we are thrilled to bring you the Dual Staking Pool with Cyber.

With this news, you can now:
- Delegate ETH & LSTs via @eigenlayer AVS or;
- Stake ALT and CYBER tokens to secure Cyber MACH

Be part of a revolutionary social layer and earn ecosystem rewards!

Details on how to delegate, stake, or restake with reALT ...

➡ https://blog.altlayer.io/introducing-dual-staking-for-cyber-mach-network-40461238530e ⬅

AltLayer's MARCH-APRIL 2024 Recap

March-April were crucial months. We piloted staking, launched the first MACH AVSes on EigenLayer's mainnet & announced key partnerships. We took to the stage at Tier 1 events across Hong Kong and Dubai (Token 2049/Web3 Festival & many more), and hosted Restaked Rollups Day, exchanging ideas with top minds. 🚀

Get the scoop here: https://blog.altlayer.io/altlayer-march-april-recap-2024-e5723791ec20

To review all our incredible announcements & milestones, visit:
https://www.altlayer.io/updates

ALTLAYER REIMAGINED: Introducing our refreshed brand

https://altlayer.io/

'Restake/Accelerate' goes into high gear!

Channel photo updated

❗Important Note for Existing Xterio LaunchPool stakers❗ Enjoy seamless migration from Phase I-II of staking.

AltLayer will deprecate the existing Xterio LaunchPool & facilitate rapid migration to the reALT-powered pool.
➡️ Tutorial ⬅️
https://docs.altlayer.io/altlayer-documentation/alt-staking/migration-from-xterio-legacy-alt-pool-to-xterio-restaked-alt-pool

We reset Xterio's Phase I LaunchPool cooldown period to 0 days, which will apply to all future LaunchPools.

The cooldown period for ALT staking will temporarily remain at 0 days, and on May 9 (7 days from now) it will be updated to 21 days.

★ INTRODUCING reALT ★

The restaked ALT token - 'reALT' - is here, ushering in Phase II of our staking program!

What is reALT?
reALT is an auto-compounding ERC20 share token that captures a user's ALT staking contribution & accumulates the compounding rewards earned.

How does it benefit our ecosystem?
With reALT, you can participate simultaneously in many pools to maximize exposure & choice and benefit from auto-compounding.

Once issued, redirect reALT to supporting launchpools like Xterio to earn additional rewards & secure MACH!

OFFICIAL PORTAL: https://stake.altlayer.io/stake

DETAILS: https://blog.altlayer.io/altlayer-staking-enters-phase-ii-with-restaked-alt-realt-token-117a222729f4

AltLayer 🤝 Inco

Confidential service integration for rollups is now here, thanks to our partnership with Inco!

Their Universal Confidential Computing Layer tech enables a variety of new dApps that require computing over confidential and private data.

In addition to the scalability, decentralization, and security in our rollups, devs can now enjoy confidentiality features in their dApps via Inco.

More: https://twitter.com/alt_layer/status/1785719959076696491

AltLayer’s rollups will be integrated with Polyhedra's zkBridge features - enriching trustless & secure cross-chain interoperability across 30+ L1/ L2 networks, & enabling devs to build more sophisticated dApps 🚀

We will also be a node operator for Polyhedra’s Bitcoin dual-staking AVS leveraging EigenLayer. Thanks to this dual staking model, the bridge will enjoy higher decentralization & network security - paving the way to a frictionless user experience!

Devs deploying via our RaaS will enjoy greater security, interoperability & a smooth on-chain experience with minimal gas consumption.

They will benefit from fast message passing and secure asset bridging.

🔽 Details below! 🔽
https://blog.altlayer.io/altlayer-to-bring-cross-chain-interoperability-to-rollups-with-polyhedra-partnership-b4f49b2c4241

AltLayer 🤝 Nebra

AltLayer is thrilled to boost its rollup infrastructure using Nebra's cutting-edge proof aggregation tech, which can reduce overall verification fees up to 1/10th!

Why Proof Aggregation? Well - verifying ZK proofs on-chain is so expensive! Devs have spent $50M+ in gas fees to verify proofs on Ethereum and its Layer 2s. Proof aggregation combines the proofs into one unit, making it more efficient and affordable to get verified on-chain quickly.

Nebra's Universal Proof Aggregation (UPA) is the perfect solution.

This integration will enable AltLayer's users & dApps to benefit from substantial cost reductions, particularly during periods of high transaction volumes, while maintaining the highest levels of security & integrity.

More below!
https://blog.altlayer.io/altlayer-partners-with-nebra-to-bring-zk-proof-aggregation-to-rollups-f72879ad98b5

AltLayer x MyShell

AltLayer is delighted to work with MyShell to deploy their upcoming Layer2, which is powered by EigenDA and Optimism.
This AI consumer layer aims to make blockchain frictionless for 1.2M web3+ AI users.

AltLayer will manage and deploy MyShell's testnet, which goes live next week!

MyShell taps into the Optimism stack's security, low-cost, high throughput features & EigenDA's secure DA sampling to create a frictionless, decentralized haven for AI creators.

Stay tuned for the testnet details of this exciting project by following @myshell_ai on Twitter - coming SOON!

AltLayer 🤝 PlayAI

AltLayer is delighted to share that our RaaS will offer both customization & scalability to elevate the first modular chain for AI in Web3 gaming announced by PlayAI.

Our rollups will elevate their gaming infra to deliver seamless gameplay for a large volume of users, and the smooth operation of cutting-edge data & personalization features that will create a truly immersive experience!

Here's to ushering in a magical AI chapter for gaming. Let's go!🚀

AltLayer 🤝 Brevis

AltLayer will be integrating Brevis - a smart ZK coprocessor - into our restaked rollups, bringing trustless data access and computation to all dApps!🔥

https://blog.altlayer.io/altlayer-partners-with-brevis-to-add-zk-coprocessor-to-rollups-563e7eb57fec

Unveiling Dual Staking for MACHs, allowing users to stake ALT alongside restaked ETH. Dual staking debuts with Xterio MACH – a fast finality AVS on eigenlayer mainnet for XterioGames.

Dual stakers will be rewarded with upcoming Xterio ecosystem rewards.

Want to participate?

👉 **Staking portal: **Check out the staking portal to start staking: https://stake.altlayer.io/vaults
👉 **Overview of how dual staking works: **https://blog.altlayer.io/launching-dual-staking-for-machs-first-up-xterio-mach-3815f30b8589
👉 User Guide: https://docs.altlayer.io/altlayer-documentation/mach-dual-staking/user-guide

📣 A few hours ago, we reset ALT main staking pool's unstaking cooldown period to 0. This will have two key benefits:

🥩 Remove the barrier for unstaking and encourage more stakers to engage.
🔄 Allow users to swap from the main staking pool to any other MACH AVS ALT pools (e.g., Xterio MACH).

Our vision: With the launch of our MACH AVS on EigenLayer mainnet, we are now ready to start the transition of ALT staking to restaking. This transition will take a multi-phase approach.

In the first and immediate phase, we will be resetting the ALT main staking pool's unstaking cooldown period to 0. This means stakers can choose to swap from the main pool to any other MACH AVS ALT pools, e.g., Xterio ALT launchpool without waiting for the 21-day cooldown period to pass.

In the next phases, we plan to change the reward mechanism to allow stakers to earn both ALT and the launchpool rewards at the same time. The portal will also adapt to EigenLayer's upcoming reward mechanism. Stay tuned for more info on this!

Please note that all MACH AVS pools will still have a 21-day cooldown period. The 0 cooldown period only applies to the ALT main staking pool. Hence, a restaker of ALT will still need to decide which MACH AVS pool he/she wishes to pledge his/her assets to.

Restake away folks! We are eager to transition ALT into a new restaking collateral.

We are super stoked to announce that two AltLayer-powered Actively Validated Services (AVS) are now live on EigenLayer mainnet.

♾️ AltLayer MACH AVS to serve Optimism mainnet
♾️ Xterio MACH AVS to serve XterioGames’ OP Stack rollup mainnet

These are one of the very first AVSes on EigenLayer to go mainnet following the launch of EigenDA.

For those new to MACH, it is a fast finality layer set up for a given rollup and operates as an AVS, where users can restake ETH or LSTs, with any of the registered operators. The economic collateral delegated to secure MACH is then used to attest to the validity of a given rollup’s state.

Unlike Ethereum, that takes about 12 mins to finalize transactions, or the rollup sequencer that gives pre-confirmations but lacks economic backing, MACH which is built as an overlay network on top of Ethereum can give fast pre-confirmations with economic backing via restaking.
Check out the linked blogpost for more details on the two MACHs and how to engage as an operator or delegator.

https://blog.altlayer.io/altlayer-and-xterio-machs-among-the-first-avses-to-go-live-on-eigenlayer-mainnet-23b0584f93e9

Let’s play infinite sum games together ♾️!

Congratulations to our partner EigenDA on their mainnet launch. 🎉🎉 This marks the first AVS leveraging restaking on mainnet!

We’re supporting the newly launched EigenDA by operating a node fully run and managed by AltLayer.

Join us by delegating your assets to our EigenDA operator as we play infinite sum games ♾️!

👉 Delegation Tutorial:

https://blog.altlayer.io/altlayer-run-eigenda-operator-is-live-on-mainnet-5e1b15a0d307


Why delegate to AltLayer? Our extensive RaaS experience underscores our deep understanding of the technical intricacies and operational nuances involved with an infrastructure such as EigenDA and therefore uniquely positions us to operate EigenDA.

Moreover, AltLayer is deeply involved in the EigenLayer ecosystem. We will be launching several AVS viz. MACH, VITAL and SQUAD as a part of our restaked rollup framework which will provide improved security, decentralization and faster finality to rollups.

Our commitment to supporting EigenDA is rooted in our belief in the potential of restaking and the need for a cheaper, scalable and secure DA layer. By operating a secure and reliable node, we aim to bolster EigenDA's infrastructure and help facilitate its growth.

AltLayer’s MACH AVS Goes Live on Testnet

Inviting all ETH and LST delegators to test out MACH -- a fast finality AVS for Optimism's OP Mainnet and Arbitrum One.

MACH AVS is now live on the Holesky testnet!

User Delegation Guide: https://blog.altlayer.io/altlayers-mach-avs-goes-live-on-testnet-ec12f78cf6aa

MACH will be the first AVS under the restaked rollup framework to serve two of the largest rollups, viz. OP Mainnet and Arbitrum One.

By delegating ETH/LSTs with ALT tokens, the economic collateral deposited will be used to secure the validation of a rollup’s state & offer fast finality! Testing MACH is a vital step towards the mainnet launch & we hope you can all be part of it!

AltLayer 🤝 Xterio

We're pumped to partner with Xterio Games to launch the first-ever gaming & AI-centric Restaked Rollup that taps into EigenLayer's shared security model. The chain operates as an L2 settling on Ethereum, using Optimism's OP stack & EigenDA for its data availability needs.

We will manage the Xterio chain & implement MACH: an AVS offering fast finality with economic security to upgrade performance. Dual staking of restaked ETH assets powered by EigenLayer and AltLayer will launch soon to safeguard the Xterio gaming universe!

Proud to help Xterio in their mission to onboard billions of gamers and bring AI-powered Web3 games to everyone.

Let's restake/accelerate & play infinite sum games with Xterio 🎮 🚀

MORE: https://blog.altlayer.io/altlayer-to-launch-gaming-focused-restaked-rollup-for-xterio-games-94474a8622b4

AltLayer 🤝 Sei


We are excited to partner with Sei to make it easier for devs to launch the groundbreaking ‘Parallel Stack’. It will empower hundreds of rollups to unlock parallelized execution on Ethereum!

Devs building on EVM will greatly benefit from a parallel runtime to address throughput bottlenecks & restricted design spaces and allow for more performant and feature-rich applications.

Our RaaS offers a fast, reliable, and robust service to customize & deploy rollups in minutes! Our restaked rollups will enable Parallel Stack rollups to benefit from EigenLayer's restaking mechanism alongside parallelized execution of transactions!

Thrilled to kick this off with Sei!

MORE:
https://blog.altlayer.io/altlayer-partners-with-sei-to-develop-groundbreaking-parallel-stack-project-b4758fe22a3b

AltLayer Restaked Rollup Day I 8 April I Hong Kong

We are proud to present AltLayer Restaked Rollup Day.

This special event, supported by Eigenlayer, will delve into the world of rollups, restaking, AVS, RaaS, AI, interoperability & more!

Register: https://lu.ma/jsr5ipwe

A special thanks to our partners Hashkey Capital, IOSG Ventures, GSR, Cyberconnect, Puffer Finance, Stakestone, Renzo, Double Jump Tokyo, Risc Zero, Brevis, Nebra, GM Network, Open Layer and MyShell for making this possible! 🙏

Will you be in town? Join us and learn all about the restaking revolution!

BIG NEWS! 💥 ALT staking is now LIVE, kicking off a phased launch of MACH Alpha: our fast-finality layer 💥

With staking, ALT holders can participate & provide economic security to the AltLayer ecosystem 👉 https://stake.altlayer.io/

Find out more about how this works & our vision for MACH Alpha 👇
https://blog.altlayer.io/alt-staking-goes-live-kicking-off-a-multi-phased-mach-alpha-launch-b72dbf8b6afd

Staking in the news! https://www.theblock.co/post/284946/altlayer-enables-token-staking-unveils-fast-finality-service-for-rollups