Restake ALT
Last updated
Last updated
To participate in ALT restaking, please follow the short guide below:
Step 1: First off, navigate to ALT restaking site: 👉 https://stake.altlayer.io/
Connect one of the many supported EVM-compatible wallets to Ethereum mainnet network. Ensure that ALT tokens you wish to stake is in that wallet and that it has sufficient ETH to pay for gas.
Once connected, your ALT balance will show up.
Step 2: Please input the desired amount to restake. Stakers will earn rewards in ALT tokens. The current rewards APR is also displayed.
Step 3: Once you are ready, click on the “Approve” button to grant token approval and confirm the transaction in your wallet.
Step 4: Once the transaction is confirmed, a "Stake" button will appear. Proceed to stake by clicking on the “Stake” button and confirm the transaction in your wallet.
Step 5: Once staked, you will be navigated to the Convert tab, which will prompt you to convert your staked ALT (stALT) to restaked ALT (reALT). Proceed with input of your desired amount of stALT to convert, and click on the "Convert" button to confirm the transaction in your wallet.
Congratulations! You have completed the restaking process. You may wish to proceed ahead in participating in LaunchPools.