The world of decentralized applications and scalable blockchain solutions continues to evolve, and Binance is at the forefront by introducing its 45th New Coin Mining initiative. This time, users can stake BNB and FDUSD to earn AltLayer (ALT) tokens — a cutting-edge platform designed to power native and restaked rollups, supporting both Optimistic and ZK Rollup stacks.
Scheduled to go live on January 19, 2025, at 08:00 (UTC+8), this limited-time mining opportunity offers users a chance to earn a portion of the 500 million ALT tokens allocated for mining over a six-day period. The campaign will conclude on January 25, 2025, at 07:59 (UTC+8), after which ALT will be officially listed on Binance with multiple trading pairs including ALT/BTC, ALT/USDT, ALT/BNB, ALT/FDUSD, and ALT/TRY.
👉 Discover how to start earning ALT today with secure, flexible staking options.
What Is AltLayer (ALT)?
AltLayer is a next-generation blockchain infrastructure platform focused on enabling developers to rapidly deploy customizable rollups — Layer 2 scaling solutions that enhance transaction speed and reduce costs while maintaining Ethereum's security.
By simplifying the deployment of both optimistic and zero-knowledge (ZK) rollups, AltLayer empowers projects to launch their own application-specific chains with minimal overhead. This flexibility makes it a compelling choice for Web3 developers aiming to build scalable dApps without sacrificing decentralization.
With a total maximum supply of 10 billion ALT tokens, the initial circulating supply stands at 1.1 billion ALT (11%), and 5% (500 million ALT) has been reserved specifically for this mining event.
Mining Pool Structure and Allocation
Binance has structured the mining campaign across two distinct pools to accommodate different user preferences:
- BNB Mining Pool: Offers access to 400 million ALT (80% of total mining rewards)
- FDUSD Mining Pool: Grants access to 100 million ALT (20% of total mining rewards)
Both pools operate simultaneously from January 19 to January 25, 2025, with daily allocations distributed as follows:
- Daily Total Allocation: 83,333,333.33 ALT
- BNB Pool Daily: 66,666,666.66 ALT
- FDUSD Pool Daily: 16,666,666.66 ALT
These figures are based on UTC timestamps but align with the UTC+8 schedule used by Binance — meaning each day runs from 08:00:00 to 07:59:59 (next day) in the local time zone.
Key Participation Rules
- Snapshots are taken randomly multiple times per hour to calculate users' average holdings and distribute rewards accordingly.
- Rewards are updated hourly and can be claimed anytime to your spot wallet.
- Annualized percentage rates (APR) for each pool are displayed in real-time, allowing users to make informed decisions.
- Users may freely move funds between pools; however, double-dipping (staking one asset in multiple pools) is not allowed.
- Once all tokens in a pool are mined, any remaining staked assets and unclaimed rewards will be automatically returned to your spot account.
Integration with BNB Ecosystem Benefits
Holders of BNB will enjoy added advantages during this campaign:
- BNB held in BNB Vault (formerly BNB Staking) and BNB Flexible Savings products will be automatically included in the ALT mining program.
- If multiple new coin mining events are active simultaneously, BNB from these products will be evenly distributed unless otherwise specified.
- However, if your BNB is used as collateral for flexible loans, it will not qualify for mining rewards.
- Importantly, BNB staked in mining pools still counts toward eligibility for benefits like airdrops, Launchpad participation, and VIP tier calculations.
This seamless integration enhances capital efficiency and ensures users don’t have to sacrifice long-term benefits for short-term gains.
Eligibility and Restrictions
To participate in the AltLayer mining event, users must meet the following criteria:
- Complete identity verification (KYC)
- Not reside in any of the restricted jurisdictions
Restricted Regions
The following countries and regions are currently ineligible for participation:
- Canada
- Cuba
- Crimea Region
- Iran
- Japan
- New Zealand
- Netherlands
- North Korea
- Syria
- United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands)
- Non-government-controlled areas of Ukraine
Please note that this list may be updated in response to regulatory changes or compliance requirements.
Always refer to the official English announcement for the most accurate and up-to-date information, as translated versions may contain discrepancies.
Frequently Asked Questions (FAQ)
Q: When does the ALT mining event start and end?
A: The mining period begins on January 19, 2025, at 08:00 (UTC+8) and ends on January 25, 2025, at 07:59 (UTC+8). You can stake BNB or FDUSD anytime within this window.
Q: How are rewards calculated?
A: Binance takes random snapshots every hour to determine your average balance in the selected mining pool. Rewards are distributed hourly and can be withdrawn to your spot wallet immediately.
Q: Can I switch between BNB and FDUSD pools?
A: Yes. You can redeem your assets from one pool and reallocate them to another at any time during the campaign.
Q: Will my BNB still earn other benefits while staked?
A: Absolutely. BNB used in mining continues to count toward VIP status, airdrop eligibility, and Launchpad qualifications.
Q: What happens when all ALT tokens are mined?
A: Any unclaimed rewards and staked assets will be automatically returned to your spot account once the mining pool is exhausted.
Q: Where can I find ALT’s whitepaper and official resources?
A: Official links include:
- Website: https://altlayer.io
- Whitepaper: https://docs.altlayer.io
- X (Twitter): https://twitter.com/alt_layer
- Discord: https://discord.com/invite/altlayer
- Telegram: https://t.me/altlayer
- Medium: https://blog.altlayer.io
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Why AltLayer Matters in the Future of Web3
As blockchain networks face growing congestion and high fees, rollup-based Layer 2 solutions have become essential. AltLayer’s ability to support both optimistic and ZK rollups positions it as a versatile infrastructure provider in a rapidly diversifying ecosystem.
Developers can use AltLayer to spin up application-specific chains in minutes — ideal for gaming platforms, DeFi protocols, or NFT marketplaces requiring high throughput and low latency. By incentivizing early adoption through Binance’s massive user base, AltLayer gains visibility and traction crucial for long-term success.
Furthermore, its focus on restaking mechanisms opens doors for enhanced security models where existing stake from major networks can be reused across new chains — increasing capital efficiency across the broader ecosystem.
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Final Thoughts
The launch of AltLayer (ALT) via Binance’s New Coin Mining program presents a timely opportunity for crypto enthusiasts to engage with a promising Layer 2 innovation. With clear reward structures, strong technical backing, and integration into the BNB ecosystem, this campaign combines accessibility with strategic value.
Whether you're a developer interested in rollup technology or an investor seeking early exposure to scalable blockchain infrastructure, participating in the ALT mining event could be a smart move — provided you comply with regional regulations and complete KYC verification.
Stay informed, act promptly when the pools open, and consider diversifying your participation across both BNB and FDUSD pools based on your risk tolerance and available assets.
Remember: While opportunities like these offer exciting potential, always conduct your own research. Cryptocurrency investments carry inherent risks, and past performance or promotional campaigns should never replace due diligence.