Introducing ALPH4 FINANCE
Hello everyone! We here at ALPH4 FINANCE are excited to introduce a new concept to the field of decentralized finance native to our token, which we like to call meta governance.
So, what is Meta Governance?
Contrary to when pooled on other DeFi protocols, the assets that are deposited on the ALPH4 FINANCE platform will collectively be used to vote on underlying governance protocol such as YFI, MKR, and SNX.
The ALPH4 token will be the “Meta Governance” token of the pools and all of the TVL on its platform. This is significant because if ALPH4 FINANCE gains a considerable amount of DeFi equity, the community will be able to steamroll past the process of, for example, adding our native token as collateral on AAVE through a governance proposal.
If the concept gains enough traction and users, it is possible that ALPH4 FINANCE will be the determining factor on various proposals in the DeFi community.
WHO?
The team building ALPH4 FINANCE consists of two seasoned developers who combined have over a decade of experience working with smart contracts and developing on Ethereum/BSC. We estimate that main-net release of ALPH4 FINANCE will be available Q2 2021.
Combined, we both have the necessary manpower to build ALPH4 FINANCE into a full-fledged Meta Governance token.
WHAT?
Put simply, ALPH4 FINANCE is an organization built for obtaining as much equity in different DeFi protocols as possible, with our unique and powerful Meta Governance design.
We estimate that main-net release of ALPH4 FINANCE will be available Q2 2021.
Farming & Staking
ALPH4 FINANCE will support the farming of ALPH4 with tokens including popular governance tokens such as SNX, MKR, and YFI.
A full list of the initially supported assets for farming of the ALPH4 token is shown below:
-MKR
-SNX
-UNI
-PNK
-COMP
-YFI
We chose to support these assets for farming in order to attract users who we feel will contribute to the DAO the most. Farming will begin at a rate of 20% APY beginning February 30th. Stay tuned for more updates!
Explanation
Users can deposit tokens to earn a base rate of 20% APY in the ALPH4 token for farming, or 40% APY in the ALPH4 token for staking, which does require a default lock up period of 30 days.
Token Economics
At genesis, there will be 1,000,000 ALPH4 tokens minted, with a majority of the tokens being added straight to liquidity on PancakeSwap in order to abide by our fair launch priorities.
These tokens will be rewarded to individuals in our community who provide value to the project through a variety of methods (farming, voting, LP’s). The maximum number of ALPH4 tokens that can ever exist are 10,000,000 (however this will take many years to reach).
Upon listing to PancakeSwap, the initial breakdown and distribution of the ALPH4 token will be as follows:
Max Supply: 10,000,000 ALPH4
Total Supply: 1,000,000 ALPH4
Team Allocation: 100,000 ALPH4 (75% vested for 12 months, released monthly)
Liquidity Allocation: 800,000 ALPH4 + 10 ETH (80,000 PER ETH)
Liquidity Mining: 100,000 ALPH4
More details regarding liquidity mining will be available soon, stay tuned in our Telegram to know about the latest updates!
Our Vision
ALPH4 FINANCE hopes to account for a significant portion of the decentralized finance industry, with our unique power attracting yield strategies and token economics.
WEBSITE: https://alph4.finance
TELEGRAM: https://t.me/alph4finance