Aavegotchi ALPHA
Crypto Overview
Overview
ALPHA is the governance token of Alpha Finance Lab, a DeFi ecosystem builder that aims to develop cross-chain DeFi products. The token provides governance rights and revenue sharing from protocol fees.
Purpose and Utility
The primary utility of ALPHA includes governance voting rights over protocol parameters and development decisions, as well as revenue sharing from protocol fees generated across Alpha Finance Lab's products. Token holders can stake ALPHA to earn a portion of protocol revenues.
Business Model Analysis
Alpha Finance Lab's ecosystem consists of various DeFi products, including Alpha Homora (leveraged yield farming), Alpha X (perpetual swaps), and other DeFi solutions. The business model primarily relies on collecting fees from these services, which are partially distributed to ALPHA stakers.
Development and Adoption
The project maintains active development with regular updates and improvements to its ecosystem products. The platform has achieved significant adoption within the DeFi space, with substantial total value locked (TVL) across its products.
Token Distribution
ALPHA tokens were distributed across various stakeholders including team members, investors, and the community. The project implemented vesting schedules for team and investor allocations to ensure long-term alignment of interests.
Crypto Impact
To assign a comfort level investing in Aavegotchi ALPHA from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Aavegotchi ALPHA.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.