Alpha Token

ALPHA

ALPHA is the governance and revenue-share token of the Alpha Venture DAO.

Risk Rating
Best
$0.11
-5.05%
Summary
What we like
ALPHA has intrinsic value as the governance and revenue-sharing token for the Alpha ecosystem of products.
What we like less
The scheduled token emission schedule is a cause for concern as over 50% of tokens are still locked. As such, ALPHA will see high inflation rates that will dilute token holders over time.
What it means for you
Holding RUNE is a great way to get upside exposure to the Alpha ecosystem. Staking ALPHA entitles you to earn a portion of the platform's revenue.
Information
Blockchain
  • Ethereum
Key Metrics
  • Market Cap: $99M
  • Fully Diluted Valluation: $113.8M
  • FDV / MC: 1.1
  • Ranking inside Exponential (excluding stables): #66
  • Circulating Supply: 870,000,000
  • Total Supply: 1,000,000,000
  • Total Supply: 1,000,000,000
  • Volume (24H): $5.3M
  • ATH: $2.93 (02/05/2021)
  • ATL: $0.03 (11/03/2020)
Risk Assessment
Best
Asset Strength

ALPHA is a low-cap asset that represents the blockchain`s native currency or monetary fee used to execute transactions on the network. This asset is exposed to the underlying risks of Alpha Venture DAO, a protocol rated as Watch out.

Asset Tokenomics

ALPHA has a fixed supply. 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.

Asset Volatility

ALPHA is moderately correlated to the overall market.

Dependencies

Alpha Venture DAO

Things to know about ALPHA

What is ALPHA used for?

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.

ALPHA tokenomics

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.

How does ALPHA accrue value?

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.