Altitude (ALTD)

Altitude is a composable native asset bridge for blue chip altcoins, and one of the first dApp’s built on LayerZero, a cross-chain communication infrastructure designed to ease the current constraints of omnichain activity.

Whitepaper

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What is Altitude

The framework of the technology acts as a fully composable native asset bridge with core functionality similar to Stargate, but focusing on single basket instead of multi basket pools, which limits impermanent loss and enhancing protocol security.

The native token of Altitude, ALTD, is a governance token which can be farmed by proving liquidity for supported tokens.

When providing liquidity on Altitude, the provider will be issued LP tokens which are needed to withdraw that liquidity. The provider will be able to earn fees by staking these LP tokens to earn ALTD. The protocol collects a 5 basis (.05%) fee for all bridging transfers. 100% of these fees goes to the protocol treasury governed and redistributed to governance holders of the protocol through gALTD.