#ALPHA is the native token of the Alpha Venture DAO ecosystem, a DeFi (decentralized finance) project launched in 2020.
Its main objective is to develop innovative and interoperable DeFi products that maximize user returns and enhance capital efficiency.
Main blockchain: Ethereum (ERC-20)
Total supply: 1,000,000,000 ALPHA
Main uses of the token:
Staking: Holders can stake to receive rewards and participate in governance.
Governance: Allows voting on decisions of the Alpha ecosystem.
DeFi rewards: Used in products like Alpha Homora, a leveraged yield farming platform.
Associated products
Alpha Homora: Leveraged farming and lending platform.
AlphaX: Protocol for perpetual derivatives (still in development or with reduced activity).
Alpha DAO: Governance structure and support for new Web3 projects.