#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
4/ Before we dive into the details of items above, let us share more on what we're working on & what's coming up.
#AlphaHomoraV2: Adding more leveraged pools, lending assets, and partners. Continue to establish itself as the go-to leveraged yield farming & lending product🚀
👇
5/ #AlphaX: Based on the data we have received from the 2 private testnet rounds, we are evaluating and adjusting parameters to achieve maximum security, scalability, and user friendliness on AlphaX.
Additionally, we're working towards launching the public testnet of AlphaX. 🔥
6/ $ALPHA tokenomics: The design of ALPHA tokenomics has been finalized. 🔥
Currently, Alpha team is implementing the technical details.
We look forward to sharing more details with our community about the tokenomics structure we have come up with.
7/ While Alpha project is growing, we've also been working with more partners to bring more growth to DeFi.
With that said, we’d like to give a warm welcome to new partners below to the Alpha ecosystem. 🙂
$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.! 🔥
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!
2) $ALPHA is already being distributed to LPs of $ibETH / $ALPHA in a form of high trading fees APY no matter where you are provide the liquidity from.
You will receive these $ALPHA rewards when you remove the underlying liquidity (not airdropped to your wallet).
3) In order to receive $SFI in addition to $ALPHA, you need to either provide the following on Saffron:
--> Provide $ibETH and $ALPHA
--> Or provide UNI-v2 LP token of ibETH/ALPHA pool for those who have already provided liquidity to the pool
#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