What is the distribution model of Stella (ALPHA) coins?

Stella's ALPHA token distribution model encompasses staking, farming, liquidity provision, public sale, airdrops, and allocation to the team and foundation, aiming to foster community engagement and ecosystem growth.

Dec 24, 2024 at 07:20 am

Key Points

• Stella (ALPHA) is a utility token based on the Binance Smart Chain.
• Its distribution model involves various acquisition methods, including staking, farming, liquidity provision, and public sale.
• ALPHA tokens have a maximum supply of 1 billion.
• The distribution of ALPHA tokens aims to foster community participation, reward active users, and support ecosystem development.

Distribution Methods

1. Staking: ALPHA holders can stake their tokens on the official Stella platform to earn additional ALPHA as rewards. The rewards are proportional to the amount of tokens staked and the duration of the staking period.
2. Farming: ALPHA can be earned by farming other tokens or liquidity provider (LP) tokens on the Stella platform. By providing liquidity or participating in farming pools, users can receive ALPHA tokens as incentives.
3. Liquidity Provision: Liquidity providers on decentralized exchanges (DEXs) that support ALPHA trading can earn ALPHA tokens as rewards. Providing liquidity helps improve the market efficiency and availability of ALPHA tokens.
4. Public Sale: A portion of ALPHA tokens was allocated for public sale. Interested individuals could purchase ALPHA during the public sale events, typically conducted through cryptocurrency exchanges or launchpads.
5. AirDrops and Contests: The Stella team may distribute ALPHA tokens to community members through airdrops and contests. These events aim to promote adoption, reward early adopters, and engage with the community.
6. Team and Foundation: A portion of ALPHA tokens is reserved for the Stella team and foundation to support ecosystem development, operations, and strategic initiatives.
7. Partnerships and Integrations: Stella may collaborate with other projects or platforms and allocate ALPHA tokens to facilitate partnerships, integrations, or cross-promotional activities.

FAQs

How many ALPHA tokens are in circulation?

The current circulating supply of ALPHA tokens is approximately 500 million.

What is the maximum supply of ALPHA tokens?

The maximum supply of ALPHA tokens is capped at 1 billion.

What is the purpose of ALPHA tokens?

ALPHA tokens serve as a utility token within the Stella ecosystem, enabling holders to:

• Participate in governance and decision-making.
• Access exclusive features and benefits on the Stella platform.
• Pay for transaction fees and services on the network.
• Incentivize ecosystem participants, such as farmers and liquidity providers.