In 1 hour when the countdown clock ends and when Alpha Homora goes live on Binance Smart Chain (BSC), the liquidity mining program will start, distributing both ALPHA and CAKE tokens to users.
Liquidity Mining Program
The liquidity mining program will be broken down into multiple 2-week periods.
The first 2-week period starts from March 17th, 05:15am UTC to March 31st, 8am UTC:
375,000 ALPHA will be distributed to the following users on Alpha Homora (vBSC). 250,000 ALPHA will be distributed in the first week. 125,000 ALPHA will be distributed in the second week.
- 70% to BNB lenders
- 30% to leveraged yield farmers
5,000 CAKE will be distributed to the following users on Alpha Homora (vBSC)
- 100% to leveraged yield farmers
Towards the end of this period, the liquidity mining program will be continued, and we will share more details on rewards distribution for the following period.
How to claim ALPHA and CAKE rewards?
You can check the accumulated ALPHA and CAKE earned by clicking on your wallet address on Alpha Homora (vBSC). Users will be able to claim ALPHA and CAKE rewards every Wednesday (starting next Wednesday) a few hours after 8am UTC by clicking on your wallet address then clicking claim.
ALPHA and CAKE rewards that have not been claimed will be accumulated and be available for users to claim later as well.
About Alpha Finance Lab
Alpha Finance Lab is an ecosystem of DeFi products that will interoperate to maximize returns while minimizing downside risks for users. Each Alpha product focuses on capturing unaddressed demand in DeFi in an innovative and user friendly way.