What is Altitude
What is the project about?
Altitude is a composable native asset bridge, and one of the first dApp’s built on LayerZero, a cross-chain communication infrastructure designed to ease the current constraints of omnichain activity
What makes your project unique?
Altitude’s vision is to bridge the gap by offering a solution for transferring blue chip digital assets. One of the biggest problems today is the connection between being multi-chain and the bridging process.
History of your project.
We continue to hear about exploits on various bridges, which is not only a risk but also one of the weakest links when we look at blockchain infrastructure. We have all heard about the wormhole and ronin bridge hacks, accounting for close to $900MM in lost funds.
What’s next for your project?
Launch in late May
What can your token be used for?
The native token of Altitude DeFi, ALTD, is a governance token. Liquidity providers are able to stake into single-sided asset pools with zero impermanent loss while collecting fees from inbound transfers regardless of the deriving chain. Users no longer need to swap out undesirable assets on the destination chain or have a scenario where a transfer fails due to varying irregularities.
Altitude vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, ALTD would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of ALTD might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including ALTD.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
