AltLayer (ALT)

Tokenomics & Utility

ALT is the network’s native token. It powers governance, protocol fees, and incentives for operators running services in the ecosystem. In the restaked‑rollup model, ALT can also act as an economic bond alongside restaked assets, aligning incentives and enabling slashing if operators misbehave. In short, the token helps coordinate participants and pays for services the protocol provides. (theblockbeats.info)

The token has a fixed maximum supply of 10 billion. Public materials at token launch outlined a distribution that included allocations for investors, team, advisors, protocol development, ecosystem/community, treasury, and Launchpool rewards. An airdrop was also announced for early participants (e.g., AltLayer OG Badge and Oh Ottie! NFT holders, Altitude event participants) and aligned communities such as eligible EigenLayer restakers and Celestia stakers at a snapshot on January 17, 2024. (en.theblockbeats.news)

As the project progressed through 2024, AltLayer communicated a vesting plan that included an initial unlock with a pause period and then monthly vesting windows beginning January 25, 2025, with different timelines for investor/partner allocations versus team and treasury. While exact dates and amounts are historical, the important takeaway is that the supply release followed a structured schedule announced by the team. (cryptonews.net)

Functionally, ALT plays several roles within the protocol’s economic design:

• Governance: holders can help decide key protocol matters.
• Protocol fees: network users pay for certain services using ALT.
• Incentives: operators and other contributors earn ALT for running services.
• Economic bonding: ALT can be staked, alongside restaked assets, to back services such as decentralized sequencing and verification. (theblockbeats.info)