Tokenomics
vALF loyalty tiers and rewards
Users that stake a large amount of vALF are eligible to special tier bonuses:
Tier
vAlf locked
Bonus
Asteroid Tier
0 – 100,000
No additional rewards
Planet Tier
100,000 – 240,000
CF decreased by 5%
Star Tier
240,000 – 1,280,000
CF decreased by 10%
Galaxy Tier
1,280,000 – 4,960,000
CF decreased by 20%
Universe Tier
4,960,000+
CF decreased by 20% and delayed liquidations
Token Allocation
ALF is a fungible SPL token used by Alf protocol. The initial supply is 10,000,000,000 ALF tokens that will be distributed at launch.
Tokens are allocated and will be vested as follows:
Group
%
Tokens
Price
Valuation
Raise USDT
Vesting
Angel
1%
100m
$0.0020
20m
200,000
23 months
Seed
2%
200m
$0.0035
35m
700,000
19 months
Private
2%
200m
$0.0040
40m
800,000
16 months
Pre-ido
1%
100m
$0.0040
40m
400,000
16 months
Public
2%
200m
$0.0070
70m
1,400,000
5 months
Liquidity
35%
3,500m
28 months
Staking
15%
1,500m
25 months
Treasury
15%
1,500m
25 months
Marketing
14%
1,400m
25 months
Team
11%
1,100m
22 months
Advisors
2%
200m
22 months
Total
100%
10B
3,500,000
ALF token is the centerpiece of the protocol incentive structure and value extraction mechanism. It has number of functions:
- Staking in the DAO module to decide on:
- DAO Treasury utilization (funding development, incentive programs, grants, buyback & burn events);
- Module onboarding (enabling leveraged capital deployment into new protocols);
- Parameter adjustment (fees, leverage, maintenance margin);
- Yield farming rewards for:
- Incentivized pools in ALF lending market
- Alf leverage Protocol users
- Incentives for prospective lender protocols;
- Partnership farming programs;
- Alf convertible note buyers
- Leverage tiers:
- Stake ALF to get access to higher leverage in a tiered system.
