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Alpha Finance Lab is a cross-chain decentralized financial platform, which aims to build a product ecosystem that brings the best benefits to users on Binance Smart Chain and Ethereum. Alpha Finance Lab is committed to the research and construction of the DeFi field. Its first product, Alpha Lending, is a decentralized lending platform with algorithmically adjusted interest rates on Binance Smart Chain.
The ALPHA token is the platform's native utility token. Users can mortgage the tokens to obtain platform turnover, and the mortgaged ALPHA tokens will be used to pay contract bad debts. ALPHA tokens can also be used for liquidity mining rewards and governance voting.
Alpha Finance Lab will make governance decisions in the form of distributed autonomous organizations at the product and financial layers within its platform. Product layer governance allows token holders to vote on product parameters, while financial layer governance allows token holders to vote on how a series of products within the project will interoperate.
Alpha Finance Lab will be committed to the following work:
Create a sustainable user profit model.
Mitigate the impermanent loss of liquidity providers.
Establish a decentralized token transaction mechanism with privacy attributes.
Allow fixed rate token lending.