- Alpha Finance Lab has successfully raised $2M from Binance Launchpad
- 20,112 users participated in the lottery claiming a total of 146,836 tickets
- 8,736 participants won the Launchpad lottery
Alpha Finance Lab has successfully completed Initial Exchange Offering (IEO) on Binance Launchpad where users staked their BNB to get a chance to buy ALPHA at $0.02.
A total of 20,112 users participated in the lottery, claiming a total of 146,836 tickets. Of the total participants, 8,736 users won the lottery. Alpha Finance Lab was able to raise $2M from Launchpad winners in exchange for 100M ALPHA.
Congratulations to all the winners! We look forward to having you join our Alpha community!
Quick Recap on Alpha Products
Within 24 hours of launching Alpha Homora, >51,000 ETH (>$18M) is now locked on Alpha Homora - a clear demand and traction from our users to use Alpha Homora to yield farm UNI and INDEX with leverage.
Alpha Lending will be launched on Binance Smart Chain mainnet mid-October! The launching of Alpha Lending is another milestone that we are working towards to drive asset utilization and bring yields to Binance Smart Chain users.
While we have reached significant milestones in September and have continued the momentum in October, we will continue to focus on what we do best - to deliver the best products that people want to use. Stay tuned for more updates on Alpha Homora, Alpha Lending, and upcoming Alpha products!
Alpha Finance Lab is an ecosystem of DeFi products, starting on Binance Smart Chain and Ethereum. Alpha Finance Lab is focused on building an ecosystem of automated yield-maximizing Alpha products that interoperate to bring optimal alpha to users on a cross-chain level.