0
0
AltLayer Introduces Dual Staking Functionality
AltLayer has unveiled the second phase of ALT staking, introducing the ability for users to engage in dual staking by staking ALT tokens, along with ETH and LSTs. This innovative feature will allow dual stakers to receive rewards from the upcoming Xterio ecosystem rewards.
Understanding MACH as an Accelerated Verification System
MACH operates as an Accelerated Verification System (AVS), enabling users to allocate ETH and LSTs. The economic collateral stored to support MACH is utilized to verify the integrity of the rollup’s status, providing a layer of quick finality for rollup transactions.
Created as an overlay network, MACH offers expedited pre-confirmations and economic backing through collateral replenishment. In terms of finality, MACH delivers swift pre-confirmations for rollup transactions, ensuring crypto-economic security and decentralized validation of the rollup’s status.
Benefits of Dual Staking with AltLayer
The introduction of dual staking with AltLayer allows users to stake ALT tokens alongside ETH and LSTs to leverage MACH capabilities. This integration combines the advantages of staking ALT tokens while enhancing their utility through collateralization with ETH-based assets.
AltLayer’s approach to dual staking differs from EigenLayer, aiming to integrate it with EigenLayer AVS contracts. As EigenLayer provides support for traditional dual staking within MACH AVS environments, AltLayer’s dual stacking initiative with Xterio MACH marks a significant advancement in the staking ecosystem.
Xterio Ecosystem and Gaming Platform
Xterio, a prominent Web3 game publisher and platform, boasts a portfolio of five AAA games and partnerships with over 45 gaming entities. With a global gaming community of two million users, Xterio has established itself as a key player in the gaming industry.
In addition to its gaming offerings, Xterio has launched a reputable gaming NFT launchpad. The Xterio chain is designed to focus on Web3 and AI-driven games, creating an on-chain ecosystem centered around AAA game titles. Emphasizing innovation and community engagement, Xterio is set to shape the future of gaming through cutting-edge technology and immersive experiences.
Image/Photo credit: source url
