Lightning in a Bottle

AlphaX was launched yesterday on a testnet with a brand new approach to derivatives trading called the Strike Tokens. Today, we’re introducing AlphaX Incentive Program: Lightning in a Bottle for the Alpha Wolves community to participate in the AlphaX testnet and get rewarded! The program will run for 2 weeks, from October 1st to October 15th, 2pm UTC.

How to participate?

Way 1: Capture the Lightning ⚡️

“To contain the lightning, we have to capture it first”

During this 2-week period, share your thoughts/analysis about AlphaX on Twitter and use #AlphaX hashtag, then paste your tweet’s link on Alpha Forum here! 👈

For more details on how winners are selected and announced, see the “Selecting and Announcing Winners” section below.

To give you some ideas, below are some examples of topics you can tweet about!

1.Strike Token concept

How do Strike Tokens work? What are the benefits of holding Strike Tokens? How is the Strike Token concept different from other ways to trade derivatives on-chain? Advantages that Strike Token has over other ways? Why is holding Strike Tokens (e.g. ETH-X and Y-ETH) better than holding the asset itself (ETH)?

2.Market AlphaX is capturing

Which market is AlphaX capturing? Who are the target users? How large is this market? What is the untapped demand in this market that AlphaX is going to address?

3.AlphaX feedback

Share your feedback on AlphaX testnet, Strike Token concept, and educational materials

Share any key features you think AlphaX product should have or improve (in what way) for the mainnet launch

Way 2: Measuring Voltage 💡

“Now that we have it, let’s find a way to use it”

Additionally, you can participate in AlphaX Incentive Program by sharing your ideas on how AlphaX’s Strike Tokens can be used to make more profit or hedge. Tweet your idea out with #AlphaXStrikeTokens hashtag, then paste your tweet link on Alpha Forum here! 👈

For more details on how winners are selected and announced, see the “Selecting and Announcing Winners” section below.

To give you some ideas, below are some examples you can tweet about!

  • Which DeFi protocols can Strike Tokens be integrated with to offer hedging/profit strategies, how do these strategies work?
  • What are some hedging, profit, and arbitrage strategies that you can do with Strike Tokens?

To learn more about Strike Tokens, check out our document here

Selecting and Announcing Winners

Tweets with the most interesting, creative, useful, or thoughtful points will be chosen as winners and receive 100 ALPHA each. This means you can get rewarded by just sharing your opinion and ideas about AlphaX!

Winners will be selected on a weekly basis on Twitter and Alpha Forum.

  • Winners from the first week (Oct 1 - Oct 8) will be announced on Oct 8.
  • Winners from the second week (Oct 8 - Oct 15) will be announced on Oct 15.

About Alpha Finance Lab

Alpha Finance Lab is a DeFi Lab, and on a mission to build Alpha Universe. Alpha Universe includes the Alpha ecosystem, which consists of Alpha products that interoperate to maximize returns while minimizing risks for users, and other ecosystems incubated through the Alpha Launchpad incubator program.

Alpha Homora is Alpha Finance Lab’s first product and DeFi’s first leveraged yield farming product that also captures the market gap in lending, one of the key pillars of the financial system.

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