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Alpha Finance Lab

2 Dec, 6 tweets, 5 min read

@AaveAave

#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…

@AaveAave

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 👇

@AaveAave

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

@AaveAave

4) Step 2: Through #AlphaHomora frontend, you can choose how many $ETH you want to borrow from @AaveAave. Note that you will be paying the borrow APY on ETH on Aave.

5) Step 3: Through #AlphaHomora frontend, confirm the transaction to lend the $ETH you have on #AlphaHomora and earn the high lending interest rate on $ETH 🚀

6) For more details, see the blog post below.

blog.alphafinance.io/alpha-homora-a…

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More from @AlphaFinanceLab

Alpha Finance Lab

@AlphaFinanceLab

28 Dec

@AlphaFinanceLab

@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…

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.

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? 👇

Read 5 tweets

Alpha Finance Lab

@AlphaFinanceLab

3 Dec

@AlphaFinanceLab

@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-…

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.

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

Read 10 tweets

Alpha Finance Lab

@AlphaFinanceLab

18 Nov

@defiyield_info

We'd like to share our response to the misrepresented information from @defiyield_info, as Defiyield does not fully understand the rationale which they would have had they reach out to discuss 👇

blog.alphafinance.io/response-to-a-…

1. First point on 96% of the token supply in a wallet:

This is genesis minting, generating all supply on *both* Ethereum and Binance Smart Chain. Currently, a fully decentralized cross-chain bridge does not exist at the moment so we need to rely on a more centralized approach.

1.1 The biggest holder on Ethereum (964,300,000 ALPHA) is the locked token and can only be unlocked when ALPHA token on Binance Smart Chain (BSC) is transferred to the same address. This is how cross-chain functionality can be deployed on BSC, and how ALPHA can be on both chains.

Read 12 tweets

Alpha Finance Lab

@AlphaFinanceLab

17 Nov

@SushiSwap

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…

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)