ALPHA token usages

1. Stake ALPHA to earn a share of the fees collected from all Alpha products

2. Provide liquidity to ibETH-ALPHA pool on Uniswap via Uniswap or Alpha Homora to get trading fees.

  • To add liquidity via Alpha Homora, you can do so here.

  • Difference between adding liquidity via Uniswap vs. via Alpha Homora:

    • Can supply single-sided (no need to have both tokens)

    • Can supply using ETH. Alpha Homora will convert ETH to ibETH before providing liquidity to the ibETH-ALPHA pool for users.

2. Provide liquidity to ibETHv2-ALPHA pool on SushiSwap via SushiSwap or Alpha Homora v2 to get trading fees and SUSHI rewards.

  • To add liquidity via Alpha Homora, you can do so here.

  • Difference between adding liquidity via Uniswap vs. via Alpha Homora V2:

    • Can supply single-sided (no need to have both tokens)

    • Can supply using ETH. Alpha Homora will convert ETH to ibETHv2 before providing liquidity to the ibETHv2-ALPHA pool for users.

3. Lend ALPHA on C.R.E.A.M. on Ethereum and BSC to earn lending interest.

4. Provide liquidity to ALPHA-BNT pool on Bancor.

  • Liquidity providers get

    • swap fees in ALPHA

    • rewards in BNT tokens

    • single-sided exposure

    • IL protection (have to provide liquidity for at least 30 days)