ALPHA is the governance and revenue-share token of the Alpha Venture DAO.
ALPHA is a low-cap asset that represents the protocol's native governance or utility token. This asset is exposed to the underlying risks of Alpha Venture DAO, a protocol rated as Moderately Risky. ALPHA is the governance token of the Alpha Venture DAO. Holders can stake the token to receive token rewards of projects incubated by the DAO. The asset has a fixed supply.
ALPHA is moderately correlated to the overall market.
Alpha Venture DAO
ALPHA is the governance and revenue-share token for the Alpha ecosystem. The token was mainly used as a liquidity mining incentive to bootstrap user demand. With the new tokenomics upgrade, token holders can now stake ALPHA to receive revenue share and unique product benefits. A share of Alpha's incubator project tokens are also distirbuted to stakers.
The max supply of ALPHA is capped at 1B tokens. The distribution of these tokens is as follows: 10% allocated to Binance Launchpad, 5% to Binance Launchpool, 13.33% to private sale, 20% for liquidity mining, 15% to team and advisors, and 36.67% for ecosystem incentives.
ALPHA token holders benefit from the growth of all Alpha products including Alpha Homora, AlphaX, and all future products. This is achieved through the revenue sharing mechanism for Alpha stakers. Users who stake their ALPHA provide an economic backstop to Alpha's products in exchange for earning a share of protocol fees. The platform fees currently come from 10% of all borrowing interest across the various iterations of Alpha Homora. Staking ALPHA also provides users unique benefits within the ecosystem.