AltLayer has enabled the staking of native tokens, allowing holders to contribute to the economic security of the ecosystem.
The native token of the rollup platform AltLayer went live for the first time in January.
AltLayer is a decentralized protocol that allows developers to create rollups of software stacks such as OP Stack, Arbitrum Stack, ZKStack, and Polygon CDK, described as rollup-as-a-service.
The launch of ALT token staking initiates the multi-phase rollout of MACH Alpha, a fast finality service for Layer 2 rollups. This service will be used to secure and help scale Layer 2 solutions.
MACH Alpha is being developed as an actively validated service on EigenLayer, leveraging the recovery mechanism to increase economic security. MACH Alpha will be the first AVS under the updated rollup framework to serve two of the largest rollups: OP Mainnet and Arbitrum One.
AltLayer plans to introduce so-called “restached rollups”: Layer 2 projects that use EigenLayer’s re-recording mechanism to build network security.
AltLayer has encouraged EigenLayer operators and liquid storage providers to get involved with MACH Alpha and provide channels for collaboration.
