Overview

Alpha Grants Program is a program in which Alpha Finance core development team will give grants to Alpha Builders, well-organized development teams and individuals with a proven track record of building in DeFi who want to contribute in building the Alpha ecosystem.

Importantly, this program also allows the broader Alpha community to propose new development grants even if they don’t plan to work on the proposed grants themselves. If the proposed development grants are approved by the Alpha Finance core development team, Alpha Thinkers (the person/team proposing the grant) will receive 5% of the grant amount in ALPHA tokens when the development is complete.

With this structure, we are one step closer towards decentralizing the project. Alpha Grants Program is one of the many core components of a strong foundation we are putting in place. This foundation will allow us to build and incubate many DeFi products under the umbrella of Alpha Finance Lab in a scalable and secure way.

Welcome both Alpha Thinkers and Alpha Builders to the Alpha Wolf community. Submit your grant proposal, start contributing, and get funded by the Alpha Finance team!

For Alpha Builders - How to apply?

  1. Review currently opened grants

  2. Submit an application form for the chosen grant (details in the selected open grants)

  3. Alpha Finance core development team will get back to you

For Alpha Thinkers - How to submit new grant proposals?

You can find a guideline to submit a new proposal here.

This is an open-ended grant program, so as long as your proposal contributes to the Alpha ecosystem or helps the Alpha ecosystem participants (e.g. token holders, token stakers, Alpha Homora lenders, Alpha Homora yield farmers) in some way, we encourage you to submit your development idea!

Proposals will then be evaluated based on:

  • Benefits the proposed developments provide to Alpha ecosystem participants

  • Business potential & viability

  • Capital efficiency/grant usage

Incentive models

Alpha Builders

Each grant has its own incentive model. Most of the grants will be funded with fixed rates with some exceptions for success-fee based rewards for i.e. new TVL generated by the new development.

Alpha Thinkers

If the proposed development grants are approved by the Alpha Finance core development team, Alpha Thinkers (the person/team proposing the grant) will receive 5% of the grant amount in ALPHA tokens when the development is complete.

Support

Once qualified for a dev grant you will get access to:

  • Required documentation & UI

  • Full support & direct communication channel with Alpha Finance core development team