altlayer

ChainCatcher message, AltLayer posted on platform X stating that the cross-chain swap of 200 million ALT tokens from BEP20 to ERC20 has been completed, and the total circulating supply of ALT tokens remains unchanged. The entire exchange process can be verified on-chain.Previously, due to the increasing demand for ERC20 ALT on Binance, the liquidity of ERC20 ALT on the exchange had become severely insufficient. Therefore, the Binance team requested AltLayer's assistance in converting BEP20 ALT tokens to ERC20 ALT tokens to balance the liquidity.

ChainCatcher message, Starknet announced on the X platform that it has partnered with the RaaS provider AltLayer, aiming to enable builders to complete SN Rollup deployments and independently build optimized Starknet.

ChainCatcher message, according to the official announcement, the Eigen Foundation has granted 1 million EIGEN tokens to AltLayer. AltLayer stated that the tokens will be directly used to give back to the community, with the first batch of 500,000 EIGEN tokens starting to be distributed to reALT holders and stakers this week.The remaining 500,000 EIGEN tokens will be distributed when the V2 reward mechanism of Eigen Layer goes live on its mainnet in 2025.

ChainCatcher news, during the Devcon in Bangkok, the AVS Day event co-hosted by Consensys, EigenLayer, and AltLayer successfully concluded. The Hemera team received high recognition in the industry for its innovative technology, achieving first place.Hemera co-founder and Chief Growth Officer Sammi showcased the team's first comprehensive data integrity verification solution—History Transparency AVS. This solution utilizes a shared security mechanism and Account-Centric Indexing technology to provide a reliable and verifiable data processing (ETL) layer for AI, machine learning, and other data-intensive applications, ensuring end-to-end data integrity. This innovation not only enhances the reliability of data verification but also brings unprecedented transparency and trust to blockchain applications.Hemera AVS is set to officially launch soon, and will provide a programmable and verifiable data layer for the blockchain ecosystem, offering solid support for developers to create higher quality decentralized applications.

ChainCatcher news, Hemera is building a programmable semantic data layer driven by an innovative account-centric indexing protocol. This data layer helps developers abstract the heterogeneity of smart contracts, allowing them to express new semantics through user-defined functions (UDFs).By leveraging AltLayer's Wizard and relying on Eigenlayer's infrastructure, Hemera is able to provide a verifiable data network in real-time. Hemera's complex state machine makes achieving verifiability through zero-knowledge technology impractical. However, with the shared security mechanism, Hemera's verification nodes AVS address this critical issue, making it a fully verifiable protocol network that provides Hemera's programmable semantic data network to all rollups and applications within and outside the Eigen ecosystem in a minimally trusted manner.Arthur Meng, founder and CEO of Hemera, stated, "AltLayer's Wizard product simplifies the development of AVS, helping development teams save months of engineering time and allowing developers to focus on building their applications. The AltLayer team possesses exceptional expertise and deep knowledge of the rollup and restaking ecosystem, assisting partner teams in tackling complex challenges from both technical and market perspectives. The Hemera team is very excited about collaborating with them in AVS development and other areas."Based on the Hemera protocol, developers can focus on specific business needs without the need to maintain an internal data team to handle on-chain data.

ChainCatcher news, AltLayer announced on social media that it has launched the AVS as a Service platform Wizard, which automates the deployment and management of AVS, enhancing manual deployment by 10 times. By reducing the complexity of operations and technical management, it provides a resource-efficient, stress-free, and simplified way to perform re-staking.

ChainCatcher news, according to Lookonchain monitoring, EtherFi, Renzo, and AltLayer previously airdropped tokens worth approximately $5 million to EigenLabs employees.EtherFi airdropped 10,491 ETHFI to 44 addresses, totaling 461,600 ETHFI (peaking at $3.69 million), of which 31.2% of ETHFI has been sold.AltLayer airdropped 46,512 ALT to 37 addresses, totaling 1.72 million ALT (peaking at $1.16 million), of which 32.4% of ALT has been sold.Renzo airdropped 66,667 REZ to 27 addresses, totaling 1.8 million REZ (peaking at $500,000), of which 33.6% of REZ has been sold.

According to ChainCatcher news, AltLayer has launched a stateless Rollup client design proposal. This design builds a stateless client using an alternative DA layer instead of Ethereum's Rollup. The stateless client needs to ensure that Rollup blocks have been published on the underlying DA layer. Once the availability of the block is confirmed, the stateless client must ensure that the state generated by the execution of transactions in that block has also been committed in the Rollup contract.

ChainCatcher message, AltLayer announced that the ALT token will pause its vesting schedule for 6 months after the first unlock on July 25, 2024. During the six months (from July 26, 2024, to January 24, 2025), no new tokens will be unlocked for investors, the team, advisors, finance departments, and others.The next unlock will take place on January 25, 2025, and the tokens will vest linearly on a monthly basis, for a period of 2 years for investors, and for a period of 3 years for the team, advisors, finance departments, and others.

ChainCatcher news, according to official sources, Coinbase International and Coinbase Advanced have added support for Altlayer, Lido DAO, and Pendle perpetual futures. The ALT-PERP, LDO-PERP, and PENDLE-PERP markets will open on June 27, 2024, at 9:30 AM (UTC) or later.

ChainCatcher message, AltLayer posted on platform X that the re-staking of ALT tokens reALT has been launched, and the second phase of the staking program is now open.reALT is an automatically compounding ERC20 token that captures users' ALT staking contributions and accumulates the earned compounding rewards. reALT is distributed to users who stake ALT in the main staking pool.In the second phase of the staking program, users who stake ALT tokens in the main pool will receive reALT tokens. Users should always keep reALT in their wallets, as it will be regularly captured through snapshots for future pool rewards.

ChainCatcher news, the Rollup platform AltLayer has integrated Polyhedra's zkBridge technology, achieving trustless and secure interoperability across multiple blockchain networks such as Ethereum, Arbitrum, and BNB Chain. This allows AltLayer's Rollups to connect to over 30 different blockchain networks, providing developers with the tools to build various decentralized applications while ensuring a smooth user experience.In addition, AltLayer will participate as one of the nodes in Polyhedra's Bitcoin bridge dual-staking AVS system, aiming to enhance the security of Bitcoin network transactions using the EigenLayer mechanism.