How much is the Stella (ALPHA) currency issued?

Stella (ALPHA), the native BEP-20 token of the Alpha Finance platform, has a capped total supply of 100 million tokens that were distributed through liquidity mining and yield farming programs.

Dec 23, 2024 at 07:17 pm

Key Points:

• Stella (ALPHA) is a BEP-20 token native to the Alpha Finance platform.
• The total supply of ALPHA is capped at 100 million tokens.
• No initial coin offering (ICO) or venture capital funding was conducted for the distribution of ALPHA.

How Much Stella (ALPHA) Currency Is Issued?

Stella (ALPHA) is the native BEP-20 token of the Alpha Finance platform, a comprehensive suite of products and services in the decentralized finance (DeFi) space. Alpha Finance aims to enhance yield-generating capabilities and provide a seamless user experience for a wide range of users.

The total supply of ALPHA tokens is 100 million, which is distributed as follows:

• Platform Incentives (50%): Allocated to incentivize liquidity provision, farming, and governance participation within the Alpha Finance ecosystem.
• Team and Advisors (20%): Reserved for the team responsible for the platform's development and advisors supporting the project's growth.
• Treasury (20%): Dedicated to supporting the platform's long-term sustainability and strategic initiatives.
• Strategic Reserve (10%): Held for future development, partnerships, and community initiatives.

Distribution Mechanism

ALPHA tokens were not sold through an initial coin offering (ICO) or venture capital funding rounds. Instead, they were distributed through a series of liquidity mining and yield farming programs. This approach allowed Alpha Finance to engage the community in the platform's early development and fairly distribute the tokens to active participants.

Supply Cap

The total supply of ALPHA is capped at 100 million tokens. This fixed supply mechanism ensures that the token's value is not subject to inflation and maintains its scarcity over time. However, the team reserves the right to adjust or modify the supply cap through community governance proposals if deemed necessary for the platform's long-term growth and sustainability.

FAQs:

Q: Why is the total supply of ALPHA tokens capped at 100 million?

A: The fixed supply mechanism helps maintain the token's value, prevent inflation, and ensures its scarcity over time.

Q: How were ALPHA tokens distributed?

A: ALPHA tokens were distributed through a series of liquidity mining and yield farming programs. No ICO or venture capital funding was utilized.

Q: What is the purpose of the strategic reserve?

A: The strategic reserve is held for future development initiatives, partnerships, and community-driven programs.

Q: Does Alpha Finance have plans to adjust the supply cap?

A: While the supply cap is currently fixed at 100 million, the team may consider adjustments if deemed necessary for the long-term growth and sustainability of the platform, subject to community governance proposals.