Stella

Overview

Alpha is a DeFi platform's native token, created by Alpha Finance Lab. It serves as the governance token for the Alpha ecosystem and provides utility across their DeFi products.

Purpose and Utility

The primary intended use cases for ALPHA include: Governance rights for protocol decisions, staking for platform rewards, and access to premium features across Alpha Finance Lab's products. The token is actively used for these purposes today.

Business Model

Alpha Finance Lab develops DeFi products focused on maximizing returns while minimizing risks. Their main products include Alpha Homora (leveraged yield farming) and Alpha Tokenomics (token economics design). The business model involves collecting fees from product usage which accrue value to ALPHA token holders.

Real-World Adoption

The protocol has demonstrated significant adoption with over $1B in total value locked (TVL) historically across their products. The ALPHA token has active governance participation and staking.

Development Activity

Alpha Finance Lab maintains consistent development activity with regular updates and new product launches. The team has a track record of delivering on their roadmap.

Token Distribution

ALPHA has a transparent token distribution with vesting schedules for team and investors. No concerning concentration of tokens exists that would suggest a scheme to enrich founders.