Discover and read the best of Twitter Threads about #AlphaHomora
Most recents (19)
1/ 🐛 📝 🥞 🆚 2️⃣
🚨 Smart Contract Bug found in Pancake V2 🚨
🐛: Pancake new router is incompatible with Pancake LP implementation.
Users may get __revert__ txs upon __swaps__ due to the bug.
Vulnerability was reported to @PancakeSwap team asap.
Thread below 👇
🚨 Smart Contract Bug found in Pancake V2 🚨
🐛: Pancake new router is incompatible with Pancake LP implementation.
Users may get __revert__ txs upon __swaps__ due to the bug.
Vulnerability was reported to @PancakeSwap team asap.
Thread below 👇
2/ After @PancakeSwap V2 announcement, we have been working on supporting the new V2 pools.
✅ As with our security standard, we always perform smart contract review and testing, to ensure our users’ safety.
❗️ We have found and informed the @PancakeSwap team on the issue.
✅ As with our security standard, we always perform smart contract review and testing, to ensure our users’ safety.
❗️ We have found and informed the @PancakeSwap team on the issue.
3/ 🐛 So, what is the actual bug?
The question comes down to: what changes from Pancake V1 to V2?
1️⃣ Swap fees: 0.2% ➡️ 0.25%
2️⃣ Fee distribution to LPs, to dev address
Below are the router __getAmountOut__ implementations (V1 & V2). The difference lies in the numbers.
The question comes down to: what changes from Pancake V1 to V2?
1️⃣ Swap fees: 0.2% ➡️ 0.25%
2️⃣ Fee distribution to LPs, to dev address
Below are the router __getAmountOut__ implementations (V1 & V2). The difference lies in the numbers.
$ALPHA tokenomics is live!
👉 tokenomics.alphafinance.io
We’re excited to welcome all ALPHA token holders to officially join the #AlphaWolf Pack. 🐺
ALPHA stakers will earn protocol fees from Alpha’s entire product suite & unlock product features by using them as ALPHA stakers.
👉 tokenomics.alphafinance.io
We’re excited to welcome all ALPHA token holders to officially join the #AlphaWolf Pack. 🐺
ALPHA stakers will earn protocol fees from Alpha’s entire product suite & unlock product features by using them as ALPHA stakers.
2/ Recap on how accrued fees on #AlphaHomora are distributed:
👉75% will be distributed to all ALPHA stakers in form of ALPHA tokens
👉5% will be for long-term developer grants, as Alpha continues to decentralize
👉20% will repay outstanding debt owed to @CreamdotFinance
👉75% will be distributed to all ALPHA stakers in form of ALPHA tokens
👉5% will be for long-term developer grants, as Alpha continues to decentralize
👉20% will repay outstanding debt owed to @CreamdotFinance
3/ The 75% of the total fees accrued by the #AlphaHomora protocols will be proportionally distributed to all $ALPHA stakers.
Fee distribution will begin in 24-hours (from launch of ALPHA tokenomics).
Fee distribution will begin in 24-hours (from launch of ALPHA tokenomics).
The 3-hour countdown until $ALPHA tokenomics (staking & more) goes live has begun!
In 3 hours, ALPHA token holders can stake ALPHA to
👉earn a share of fees from entire Alpha ecosystem
👉 & join the 5 Alpha Tiers that will allow stakers to unlock features on #Alpha products.🚀
In 3 hours, ALPHA token holders can stake ALPHA to
👉earn a share of fees from entire Alpha ecosystem
👉 & join the 5 Alpha Tiers that will allow stakers to unlock features on #Alpha products.🚀
2/ 24 hours after $ALPHA tokenomics is launched, fees collected across all #Alpha products will start to be distributed to all ALPHA stakers.
For context 👇
$1.7M in fees have been collected over the past six months from just the #AlphaHomora protocol alone! 💸
For context 👇
$1.7M in fees have been collected over the past six months from just the #AlphaHomora protocol alone! 💸
3/ $ALPHA stakers will benefit from growth of #Alpha products
➡️ #AlphaHomora (v1/v2 on #Ethereum)
➡️ Alpha Homora (#BSC)
➡️ #AlphaX
and more in the works.
ALPHA stakers will truly be integral to the interoperable, multi-chain Alpha ecosystem.
➡️ #AlphaHomora (v1/v2 on #Ethereum)
➡️ Alpha Homora (#BSC)
➡️ #AlphaX
and more in the works.
ALPHA stakers will truly be integral to the interoperable, multi-chain Alpha ecosystem.
Ahead of the upcoming launch of ALPHA tokenomics (staking and Alpha Tiers),
We are excited to introduce the new visual #Alpha brand for the next growth stage at #Alpha Finance Lab!
We've integrated our core beliefs into the new Alpha Finance Lab and ALPHA token logo. 👇
We are excited to introduce the new visual #Alpha brand for the next growth stage at #Alpha Finance Lab!
We've integrated our core beliefs into the new Alpha Finance Lab and ALPHA token logo. 👇
2/ How do we connect our design and values?
1⃣ Unity and strength:
The interrelated features of Alpha’s new logo embodies the unity and strength the ecosystem derives from each interconnected Alpha product.
1⃣ Unity and strength:
The interrelated features of Alpha’s new logo embodies the unity and strength the ecosystem derives from each interconnected Alpha product.
3/ 2⃣ $ALPHA token:
The left and right wings of the #Alpha logo are connected by a yellow circle, which symbolizes how ALPHA tokenomics will act as a bridge - facilitating interactions between all products in our expanding, multi-chain Alpha ecosystem.
The left and right wings of the #Alpha logo are connected by a yellow circle, which symbolizes how ALPHA tokenomics will act as a bridge - facilitating interactions between all products in our expanding, multi-chain Alpha ecosystem.
#AlphaHomora on #BinanceSmartChain is now live!
The beginning of a multi-chain Alpha ecosystem and the value accrual mechanism across multiple chains starts now.
The beginning of a multi-chain Alpha ecosystem and the value accrual mechanism across multiple chains starts now.
2/ To make sure users have all the information they need to lend $BNB and open leveraged yield farming positions on #AlphaHomora (vBSC), we have prepared multiple step-by-step guides for our users.
3/ The multiple step-by-step guides are broken down into:
1⃣Setting up BSC on @MetaMask
2⃣Transferring ERC-20 to BEP-20 token standard
3⃣Using #AlphaHomora (vBSC) as a lender
4⃣Using #AlphaHomora (vBSC) as a leveraged yield farmer
1⃣Setting up BSC on @MetaMask
2⃣Transferring ERC-20 to BEP-20 token standard
3⃣Using #AlphaHomora (vBSC) as a lender
4⃣Using #AlphaHomora (vBSC) as a leveraged yield farmer
In 1 hour when the countdown clock ends and when #AlphaHomora goes live on #BinanceSmartChain,
the liquidity mining program will start, distributing both
👉 $ALPHA and
👉 $CAKE to users.
blog.alphafinance.io/t-1-liquidity-…
the liquidity mining program will start, distributing both
👉 $ALPHA and
👉 $CAKE to users.
blog.alphafinance.io/t-1-liquidity-…
2/ The liquidity mining program will be broken down into multiple 2-week periods.
The first 2-week period starts from Mar 17th, 05:15am UTC to Mar 31st, 2pm UTC:
Towards the end of the current period, we will share more details on rewards distribution for the following period.
The first 2-week period starts from Mar 17th, 05:15am UTC to Mar 31st, 2pm UTC:
Towards the end of the current period, we will share more details on rewards distribution for the following period.
3/ Mar 17th, 05:15am UTC - Mar 31st, 2pm UTC:
250,000 $ALPHA will be distributed to the following users on #AlphaHomora (vBSC)
👉 70% to $BNB lenders
👉 30% to leveraged yield farmers
and 5,000 $CAKE will be distributed to
👉 100% to leveraged yield farmers
250,000 $ALPHA will be distributed to the following users on #AlphaHomora (vBSC)
👉 70% to $BNB lenders
👉 30% to leveraged yield farmers
and 5,000 $CAKE will be distributed to
👉 100% to leveraged yield farmers
This second part of the full information series on the upcoming #AlphaHomora launch on @binance Smart Chain is to make sure users understand leveraged yield farming and Alpha Homora.
blog.alphafinance.io/part-2-underst…
blog.alphafinance.io/part-2-underst…
2/ What is leveraged #yieldfarming?
Leveraged yield farming is a concept innovated by Alpha Finance Lab.
#AlphaHomora, deployed on Ethereum in October 2020, is developed by Alpha Finance Lab and is the first leveraged yield farming product in #DeFi.
Leveraged yield farming is a concept innovated by Alpha Finance Lab.
#AlphaHomora, deployed on Ethereum in October 2020, is developed by Alpha Finance Lab and is the first leveraged yield farming product in #DeFi.
3/ Leveraged yield farming is a mechanism that allows farmers to lever up their yield farming position, meaning to borrow external liquidity & add to their liquidity to yield farm.
Having more liquidity to yield farm, users gain more rewards & a larger share of the trading fees.
Having more liquidity to yield farm, users gain more rewards & a larger share of the trading fees.
The 3-hour countdown clock to when #AlphaHomora on @binance Smart Chain (#BSC) goes live has now started!
2/ Since day 1, we've envisioned the #Alpha ecosystem to be blockchain agnostic & to become a forefront, multi-chain #DeFi ecosystem.
With the upcoming $ALPHA tokenomics & the multi-chain Alpha ecosystem, ALPHA token holders will be the key to drive and benefit from this growth.
With the upcoming $ALPHA tokenomics & the multi-chain Alpha ecosystem, ALPHA token holders will be the key to drive and benefit from this growth.
3/ Within the next 3 hours, we will periodically share more details in an information series about #AlphaHomora (vBSC) to make sure existing users from Ethereum and new users have everything they need to get started.
It’s been a busy January & first few weeks of Feb. Though January was a few weeks ago, we would like to still share
👉 a full recap of this eventful month
👉 and a sneak peak of what we are working on and what is coming up in the Alpha ecosystem. 🔥
blog.alphafinance.io/alpha-finance-…
👉 a full recap of this eventful month
👉 and a sneak peak of what we are working on and what is coming up in the Alpha ecosystem. 🔥
blog.alphafinance.io/alpha-finance-…
2/ TL;DR
#AlphaHomora
1⃣Alpha Homora V2 was announced and launched
2⃣Total value locked on Alpha Homora V1 + V2 has grown from $188 Million on Jan 1st, 2021 to more than $1 Billion today
3⃣The migration process from Alpha Homora V1 to Alpha Homora V2 has started
👇
#AlphaHomora
1⃣Alpha Homora V2 was announced and launched
2⃣Total value locked on Alpha Homora V1 + V2 has grown from $188 Million on Jan 1st, 2021 to more than $1 Billion today
3⃣The migration process from Alpha Homora V1 to Alpha Homora V2 has started
👇
3/ #AlphaX
4⃣AlphaX private testnet round 2 was launched
$ALPHA Tokenomics
5⃣Designing and implementing ALPHA tokenomics 👀
Alpha project
6⃣Various media coverage and AMA
7⃣Welcoming @Delphi_Digital as our investor
Partners
8⃣Welcoming more partners to the Alpha ecosystem
4⃣AlphaX private testnet round 2 was launched
$ALPHA Tokenomics
5⃣Designing and implementing ALPHA tokenomics 👀
Alpha project
6⃣Various media coverage and AMA
7⃣Welcoming @Delphi_Digital as our investor
Partners
8⃣Welcoming more partners to the Alpha ecosystem
As 2020 is coming to an end, let us share with our community a reflection of 2020 and a preview of what is to come in 2021 for @AlphaFinanceLab!
Let’s dive in 🔥👇
#AlphaHomora #AlphaHomoraV2 #AlphaX #MoreAlphaProducts $ALPHA
blog.alphafinance.io/alpha-finance-…
Let’s dive in 🔥👇
#AlphaHomora #AlphaHomoraV2 #AlphaX #MoreAlphaProducts $ALPHA
blog.alphafinance.io/alpha-finance-…
2/20) Let us divide the 2020 review in multiple sections, starting from
Section 1: @AlphaFinanceLab project 🔥
1⃣ The project was launched in 2020 to build an ecosystem of innovative and user friendly #DeFi products
Section 1: @AlphaFinanceLab project 🔥
1⃣ The project was launched in 2020 to build an ecosystem of innovative and user friendly #DeFi products
3/20) 2⃣ Secured funds from top-tier DeFi investors such as @TheSpartanGroup, @multicoincap, and @DeFianceCapital
3⃣ $ALPHA was listed on @binance in early October 2020 through the Launchpad program
3⃣ $ALPHA was listed on @binance in early October 2020 through the Launchpad program
@AlphaFinanceLab would like to now welcome
@BoringDAO_Defi community to #AlphaHomora by supporting $ETH / $BOR and $ETH / $oBTC pools that are on @SushiSwap!
What does this mean to $BTC supporters? 👇
blog.alphafinance.io/alpha-homora-a…
@BoringDAO_Defi community to #AlphaHomora by supporting $ETH / $BOR and $ETH / $oBTC pools that are on @SushiSwap!
What does this mean to $BTC supporters? 👇
blog.alphafinance.io/alpha-homora-a…
2) ETH/oBTC will join a family of Bitcoin-based pools, including $ETH / $WBTC and $ETH / $renBTC, that #AlphaHomora has been supporting.
#Bitcoin supporters can easily participate in #DeFi and
#YieldFarming on #Ethereum with a single-asset supply functionality on #AlphaHomora.
#Bitcoin supporters can easily participate in #DeFi and
#YieldFarming on #Ethereum with a single-asset supply functionality on #AlphaHomora.
3) This means anyone who owns $oBTC, $WBTC, or $renBTC
can earn from #DeFi and #YieldFarming by simply supplying these tokens to the relevant pools on #AlphaHomora without needing to have $ETH.
What do users gain from ETH/BOR and ETH/oBTC pools? 👇
can earn from #DeFi and #YieldFarming by simply supplying these tokens to the relevant pools on #AlphaHomora without needing to have $ETH.
What do users gain from ETH/BOR and ETH/oBTC pools? 👇
$ALPHA team would like to now share more details on #AlphaX, the decentralized, non-orderbook perpetual swap trading market and a new class of trading product previously unavailable on-chain.! 🔥
Let’s take a look inside #AlphaX!👇
blog.alphafinance.io/inside-alphax/
Let’s take a look inside #AlphaX!👇
blog.alphafinance.io/inside-alphax/
2) First and foremost, for those who have not signed up for access to beta private testnet, you can still sign up via the link below until Dec 17th, 5AM UTC.
We'll grant access in the coming days. Stay tuned!
👉Sign up: forms.gle/USgX6yMEQtm8VB…
Continue for UI sneak peek 👇
We'll grant access in the coming days. Stay tuned!
👉Sign up: forms.gle/USgX6yMEQtm8VB…
Continue for UI sneak peek 👇
@AlphaFinanceLab team is excited to announce that our perpetual swap product called #AlphaX is live on beta private testnet! 🚀🔥
Read on to learn more! 👇
blog.alphafinance.io/the-new-alpha-…
Read on to learn more! 👇
blog.alphafinance.io/the-new-alpha-…
1) What is #AlphaX?
#AlphaX is a decentralized non-orderbook perpetual swap product. $ALPHA team has come up with a unique engineering and implementation design that will make #AlphaX uniquely different from other perpetual swap products in the market.
#AlphaX is a decentralized non-orderbook perpetual swap product. $ALPHA team has come up with a unique engineering and implementation design that will make #AlphaX uniquely different from other perpetual swap products in the market.
2) Notable features include:
👉Non-orderbook markets on any asset that has a non-manipulatable price feed
👉Up to 10x leverage
👉Funding rate baked into the quoted spot price
👉Tokenized long and short position tokens
👉Bot-less, automatic on-chain liquidation mechanic
👉Non-orderbook markets on any asset that has a non-manipulatable price feed
👉Up to 10x leverage
👉Funding rate baked into the quoted spot price
👉Tokenized long and short position tokens
👉Bot-less, automatic on-chain liquidation mechanic
#AlphaHomora x @AaveAave !
@AlphaFinanceLab would like to welcome December with a partnership and integration between #AlphaHomora and @AaveAave with the newly added feature of “Earn on Aave + ETH” 🚀
How does it work? 👇
blog.alphafinance.io/alpha-homora-a…
@AlphaFinanceLab would like to welcome December with a partnership and integration between #AlphaHomora and @AaveAave with the newly added feature of “Earn on Aave + ETH” 🚀
How does it work? 👇
blog.alphafinance.io/alpha-homora-a…
2) Since the deposit APY on $ETH on #AlphaHomora is higher than the borrow APY on $ETH on @AaveAave, you will already earn from this difference in addition to the deposit APY of other assets you lend on Aave!
Users can go through 3 simple steps to earn from this 👇
Users can go through 3 simple steps to earn from this 👇
3) Step 1: Through #AlphaHomora frontend, first lend asset on @AaveAave and use it as collateral OR if you have already lent and turned on the collateral, then you can skip to step 2
November was another busy month here at $ALPHA!🚀
While we've reached significant milestones, we continue to push forward
→ to drive #AlphaHomora product expansion
→ to fine-tune Alpha perpetual swap product! 🔥
→ to build #AlphaHomora v2! 🔥
blog.alphafinance.io/alpha-finance-…
While we've reached significant milestones, we continue to push forward
→ to drive #AlphaHomora product expansion
→ to fine-tune Alpha perpetual swap product! 🔥
→ to build #AlphaHomora v2! 🔥
blog.alphafinance.io/alpha-finance-…
TL;DR on #AlphaHomora in November
1) Now supports 31 pools
2) Was added to @defipulse
3) Was supported on @NexusMutual
4) Launched liquidity mining & Trading Volume Mining program
5) Upgraded and improved UI
6) Conducted many AMA in various communities
1) Now supports 31 pools
2) Was added to @defipulse
3) Was supported on @NexusMutual
4) Launched liquidity mining & Trading Volume Mining program
5) Upgraded and improved UI
6) Conducted many AMA in various communities
For official November monthly update, see the blog post below.
More details on Alpha perpetual swap product and #AlphaHomora v2 will be shared soon!
blog.alphafinance.io/alpha-finance-…
More details on Alpha perpetual swap product and #AlphaHomora v2 will be shared soon!
blog.alphafinance.io/alpha-finance-…
As #AlphaHomora continues to expand the support of more leveraged #YieldFarming pools,
we'd like to first bring on the oracle players by supporting $ETH / $LINK and $ETH / $BAND pools on @SushiSwap!
What do $LINK and $BAND holders earn? 👇
blog.alphafinance.io/alpha-homora-a…
we'd like to first bring on the oracle players by supporting $ETH / $LINK and $ETH / $BAND pools on @SushiSwap!
What do $LINK and $BAND holders earn? 👇
blog.alphafinance.io/alpha-homora-a…
Leveraged yield farmers get:
1) $ALPHA 💥
2) Automatically stake SLP token for you
3) $SUSHI on leverage
4) $SUSHI earned is automatically reinvested and added to your yield farming position
5) Trading fees on leverage
6) Can farm with just one token (e.g. $LINK or $BAND)
1) $ALPHA 💥
2) Automatically stake SLP token for you
3) $SUSHI on leverage
4) $SUSHI earned is automatically reinvested and added to your yield farming position
5) Trading fees on leverage
6) Can farm with just one token (e.g. $LINK or $BAND)
1/ Last week, there has been a number of flash loan-related scenarios (and potential scenarios): @harvest_finance, @MakerDAO, @iearnfinance.
So, here’s a short thread on flash loans. 👇
So, here’s a short thread on flash loans. 👇
2/ Flash loan lets anyone borrow a very large amount of assets (as long as the amount + fee are paid back in the same transaction), which can be used to temporarily skew asset prices or balances.
3/ A typical flash loan attack pattern is a form of sandwich attack:
(1) Skew price/balance
(2) Main protocol uses the skewed price/balance (e.g. to open a position, deposit into AMM all at bad prices)
(3) Un-skew price/balance
(1) Skew price/balance
(2) Main protocol uses the skewed price/balance (e.g. to open a position, deposit into AMM all at bad prices)
(3) Un-skew price/balance
1- I'm still trying to wrap my head around @CirclesUBI and how it can positively affect the livelihood of #crypto citizens.
⚠️ WARNING: This is yet-another-thread that I think out loud on financial systems and how can help disrupt. (cc. @koeppelmann for potential collab)
⚠️ WARNING: This is yet-another-thread that I think out loud on financial systems and how can help disrupt. (cc. @koeppelmann for potential collab)
2- Let's start with my _shallow understanding_ of the idea of the Universal Basic Income (UBI):
UBI provides a routine payment to every member in the economy so they don't struggle to keep up with the cost of living. Its goal is similar to welfare, but with a different method.
UBI provides a routine payment to every member in the economy so they don't struggle to keep up with the cost of living. Its goal is similar to welfare, but with a different method.
3- Ideally, this will make sure everyone lives above the poverty line, and thus they'd make better decisions to maximize for long-term well-being instead of making ends meet on the daily basis.
🤞 My interpretation: this will create an economy with a better wealth distribution.
🤞 My interpretation: this will create an economy with a better wealth distribution.
New update on #AlphaHomora: we have paused issuing new debts to the WETH-DPI farming pool in response to a potential security issue brought to us by @samczsun. You will still be able to farm with 1x leverage on WETH-DPI as well as on leverage on other Uniswap pools.
There has not been an attack. No funds are at risk, and we take security very seriously. The attack would have required the attacker to put up a lot of capital and cannot be done using flash loans.
While it is low-likelihood, we’ve decided to be on the safer side and disable issuing new debts on the WETH-DPI pool until further notice.
