$ALPHA staking, one of the many important components of ALPHA tokenomics, will start going through security review by top security researchers in @ReviewsDAO community.

This is in addition to the full audit currently being conducted by @peckshield.

blog.alphafinance.io/alpha-staking-…
2/ As Alpha Finance Lab is an innovative DeFi lab, we're building multiple DeFi products to capture unaddressed demand and lead DeFi through the next growth phase.

With ALPHA tokenomics, $ALPHA token holders will be an integral part of the growing Alpha ecosystem.
3/ By working with Reviews DAO in addition to other security measures, we are taking this opportunity to make Alpha ecosystem more secure, drive DeFi security forward, and hope to set a new standard for many other DeFi projects.
4/ For security researchers and experts interested in reviewing ALPHA staking contract, you can post your interest with proof of skills in the Reviews DAO forum here: forum.dao.reviews/t/alpha-financ…

The full details of what ALPHA tokenomics entails will be shared with the community soon
5/ For official blog announcement, please see below.

blog.alphafinance.io/alpha-staking-…

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More from @AlphaFinanceLab

22 Feb
Joint announcement between Alpha and @CreamdotFinance on the funds repayment details.

Now that we have overcome one of the most challenging times for a DeFi project, we are more than excited for what is to come for both Alpha and C.R.E.A.M. 🚀

TL;DR 👇
blog.alphafinance.io/joint-announce…
2/ The following breaks down the funds that Alpha Homora V2 owes to the C.R.E.A.M. V2 Iron Bank:
- 13,245 ETH
- 4,263,139 DAI
- 4,032,014 USDC
- 5,647,242 USDT
- Interest accrued from the additional debt above
3/ Both Alpha and C.R.E.A.M. will use 1,000 ETH sent by the exploiter to Alpha Homora V2 and C.R.E.A.M. V2 deployers to payoff the additional debt.
Read 11 tweets
13 Feb
Dear Alpha community, our partners, and DeFi users, we'd like to share a post mortem on the recent Alpha Homora V2 exploit.

We’d like to sincerely thank everyone who has helped us, both on the technical and non-technical sides.

TL;DR 👇

blog.alphafinance.io/alpha-homora-v…
2/ The debt is not between users and Alpha Homora v2, but between Alpha Homora V2 and Cream V2.

This is because Alpha Homora V2 is integrated with Cream V2 (Iron Bank) in a protocol-to-protocol lending way. Thus, the debt is between the two protocols and not the users.
3/ Alpha team will work with @AndreCronjeTech and @CreamdotFinance team to find remedial actions to resolve the debt.
Read 8 tweets
11 Feb
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-…
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

👇
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
Read 8 tweets
10 Feb
Since Alpha Homora V2 was launched on February 1st, we have been collecting and iterating on the feedback from our users and community members.

Today, we have launched new features and functionalities on Alpha Homora V2 user interface! 🚀

blog.alphafinance.io/new-features-o…
2/ TLDR
1⃣Leveraged users can re-leverage open positions.

2⃣Users can easily view total value locked by pool to evaluate their farming strategy.

3⃣Users can easily view asset prices on Alpha Homora V2. This is important as liquidation events are based on these prices.
3/ Feature 1⃣: Leveraged user can re-leverage open positions by borrowing more assets to yield farm/provide liquidity.

By doing so, user’s debt ratio will be closer to 100%, as more debt is added to the open position.

For a step-by-step guide, refer to blog post in last tweet.
Read 6 tweets
30 Dec 20
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-…
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
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
Read 20 tweets
28 Dec 20
@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

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