"Alpha Nodes, or ALPHA, is a reflection token currently native to the #Avalanche Network that taxes each buy and sell of the $ALPHA token. These taxes generate income that is re-distributed to holders in the form of node tokens, or the stable-coin $USDC."
Essentially your % of $ALPHA holdings compared to the reflections are how your rewards are calculated. Here's a link to a spreadsheet made by Alpha dev to help understand - docs.google.com/spreadsheets/dโฆ
Also, take a look at the image for a better breakdown.
8/ Next Phases
Phase 1 - Reflection Token (We're here now - see above for info on that)
Phase 2 - #NaaS (#Nodes as a Service) & NFT Marketplace
Phase 3 - Multi-Chain Launch
Phase 4 - TBA
9/ Nodes as a Service and NFT Marketplace
To combat the issue with runaway node creation, Alpha has devoted to hard cap their NFT/NODE collection to 10,000.
Minted nodes have a Alpha Wolf NFT tied to it. Each Wolf will be unique and have different rarity traits.
Node=NFT
10/ 157 Genesis Alpha Wolf NFTs will be launched that embody the best traits, rarities and emit the highest rewards (APR).
โข 100 Alphas
โข 47 Ronin
โข 10 Apex Pedators
Genesis Alpha Wolf NFTs will be auctioned off.
Who's eligible?
Anyone holding 2 trillion+ $ALPHA
11/ Here's a fantastic article on the different NFT tiers, rewards, why only 10,000 nodes (really "shares" in the Alpha project) - alphanodes.medium.com/a-shareholder-โฆ
Multi-Chain Launch
Alphas Motto: We will not fork, we will be forked.
In ALL investments you win some and you lose some.
Risk management is extremely important. Ie, don't have all your money in one investment.
High risk investments get the smallest allocation in my total portfolio.
Medium risk is in the middle.
Low risk gets the largest.
I consider #nodes and non blue chip #crypto high risk. Can you make money? Yes, but as we've seen with $BSN, $MAGIA, $EXILIR they can rug and you lose that money very quickly if you didn't ROI.
Top 25 coins would be considered blue chip, IMO. These would be safer long term.
Again, they aren't bulletproof and anything can happen in the world of crypto. Look at $DOGE. All Elon Musk has to do is tweet good or bad about it and it trends in correlation. ๐คท๐ปโโ๏ธ
Fundamentally strong L1 blockchains like @PhantasmaChain are my favorite. Absolutely gorgeous.