Thread by @AlphaFinanceLab

$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.

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

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).

4/ A reminder on the #Alpha Tier’s staking $ALPHA puts you in and that staking will unlock even more features in the future:

1⃣Alpha Woof Woof: Anyone who stakes 0 - 1,000 $ALPHA tokens (including those who don’t stake) - doesn’t unlock any features, but there may be later.

5/
2⃣ Alpha Wolf Pup: Anyone who stakes 1,000 - 10,000 $ALPHA tokens - unlocks 10% higher leverage on #AlphaHomora V2.

3⃣ Alpha Wolf Warrior: Anyone who stakes 10,000 - 100,000 $ALPHA tokens - unlocks 20% higher leverage on #AlphaHomora V2.

6/
4⃣Alpha Wolf Elder: 100,000 - 1,000,000 $ALPHA tokens staked - 30% higher leverage on #AlphaHomora V2.
5⃣Alpha Pack Leader: 1,000,000+ $ALPHA tokens staked - 40% higher leverage on #AlphaHomora V2.

Unlocking higher leverage on Alpha Homora V2 will go live when V2 relaunches.

7/ What’s next?

$ALPHA token holders will directly accrue value from all future #Alpha products as well.

We’ve designed the ALPHA tokenomics so that value accrual isn’t just collecting fees from the ecosystem, but integral to the usage of the core Alpha protocols. 🔗

8/ To see a thorough step-by-step guide on how to stake and unstake your $ALPHA tokens, see our official blog post below.

blog.alphafinance.io/alpha-tokenomi…