ALPHA Price today

Alpha Finance Lab is an ecosystem that provides financial products and services for users of different blockchains.

Realizing that the Loan & Lending market is still in great demand, Alpha Finance Lab has chosen to enter this market and choose a specific direction: Designing Loan & Lending products inspired by successful Lending platforms on Ethereum. The first “huge” customer group of Alpha Finance Lab is users on the two exchanges Binance Smart Chain and Ethereum.

The first product built by Alpha Finance Lab is “Alpha Lending” – a decentralized lending protocol with algorithmically adjusted interest rates. “Alpha Homora” is another good product, expected to be launched in 2021.

Alpha Lending has team members from other successful projects such as Band Protocol and Loom Network. The team received a lot of support from Binance and CZ.

ALPHA is a cryptocurrency used in the Alpha Finance Lab’s ecosystem with the following uses:

• Liquidity mining: Users will be able to earn ALPHA Token through providing liquidity in Alpha Lending (Lending and Borrowing).
• Staking: Users deposit ALPHA Tokens to share part of the platform’s revenue.
• Governance voting: ALPHA Token holders can vote on governance-related proposals in the Alpha Lending Platform.

ALPHA is also understood as a digital asset representing Alpha Finance Lab, helping investors and ALPHA coin holders trade and share profits based on business activities. Business of Alpha Finance Lab.