The 3-hour countdown until ALPHA Tokenomics (staking and more) goes live has now begun!
In 3 hours, ALPHA token holders will be able to stake their ALPHA to earn a share of the fees collected from the entire Alpha ecosystem - regardless of which chains or layer-2 solutions Alpha products are built on. $1.7M in fees have been collected over the past six months from just the Alpha Homora protocol alone.
Within 24 hours after ALPHA tokenomics is launched, fees collected across all Alpha products will start to be distributed to all ALPHA stakers.
ALPHA stakers will benefit from the growth of all Alpha products, including Alpha Homora (v1 and v2 on Ethereum), Alpha Homora (vBSC), AlphaX, and many more innovative Alpha products currently in the works. ALPHA stakers and token holders alike will truly be an integral part of the increasingly interoperable, multi-chain Alpha ecosystem.
Sneak Peek of ALPHA Tokenomics User Interface
Ahead of our impending ALPHA tokenomics launch, we’re excited to share a sneak peek of the Alpha tokenomics UI.
We’ve also included a look at the ‘Alpha Tier’ tab on the Alpha tokenomics UI, that shows what Alpha Tier you’ll be placed in based on how many ALPHA tokens you stake.
As is always the case across all Alpha products, creating an easy-to-understand design language and user interface was our priority for ALPHA tokenomics, the ALPHA staking environment, and the process to unlock features on Alpha products as ALPHA stakers.
When introducing our ‘gamification’ of Alpha Tiers into ALPHA tokenomics, we wanted to ensure it’s crystal clear to users what tier they’re in, how many more ALPHA tokens need to be staked to unlock any higher tier, and what leverage levels each tier unlocks. For detailed information on the role gamification plays in ALPHA tokenomics, check out our product document on gamification.
For starters, ALPHA staking will unlock higher leverage levels on Alpha Homora V2 (when V2 relaunches) - with additional features that ALPHA stakers can unlock on the horizon!
Stay tuned today as we’re only 3-hours away from the launch of the long awaited ALPHA tokenomics! The opportunity to put your ALPHA tokens to work on the ground floor of Alpha’s multi-chain ecosystem is right around the corner.
About Alpha Finance Lab
Alpha Finance Lab is a DeFi Lab and on a mission to build an ecosystem of DeFi products (the Alpha ecosystem), consisting of innovative building blocks that capture unaddressed demand in key pillars of the financial system. These building blocks will interoperate, creating the Alpha ecosystem that will be an innovative and more capital efficient way to banking in DeFi.
Alpha Homora is Alpha Finance Lab’s first product and DeFi’s first leveraged yield farming product that captures the market gap in lending, one of the key pillars of the financial system.