January-February Monthly Summary

January-February Monthly Summary

Hello Alpha Wolves community!

We hope you've had a fantastic year thus far. There has been a lot going on in the Alpha ecosystem, from launching new pools on Homora v2 to the incubated project's token allocation. Let’s have a look at what happened these past few months.

The summary will be broken down into the following sections:

  1. New UI on Homora v2
  2. Alpha DeFi Ecosystem
    a. Alpha Homora
    b. AlphaX
  3. Alpha Tokenomics
  4. Alpha Wolves Community
  5. Alpha Puppers Sneak Peak


For our headline, our main product, Homora V2, had a redesign on its landing page, which gave it a whole new look. We have been taking the feedback from the community into account and have been working actively to develop Homora in all aspects, such as improving the brand identity, customer journey, scalability, and more. Additionally, a new feature, the 'Apps' icon, is added to the top right corner of our website so users can navigate seamlessly across all products on the Alpha ecosystem. This is only the first phase of improvements, as there are many more upgrades coming to this product!

More details on our roadmap and vision for Homora V2 may be found here.

Alpha DeFi Ecosystem


In February, Homora V2 successfully surpassed 800M USD in TVL (Ethereum and Avalanche). Apart from the appearance changes we have added to the product, we've also launched a number of new pools and lending assets on Homora V2. This includes:

New Leverage Yield Farming Pools:


New Lending Assets:

  • USDC (Native)
  • MIM
  • ALPHA.e

Moving forward, we will continue to aggressively add more new pools to fulfill our users’ needs. So be on the lookout, as more good news will be released soon!

P.S. Check here and here to get hints on what chain we're heading towards, and stay tuned for the official announcement!


After receiving a number of insightful comments from investors, community members, heavy DeFi users, builders, and many more, we have decided to re-define the purpose of AlphaX and temporarily discontinue the liquidity mining program for AlphaX and pivot AlphaX to be the backend-engine for other DeFi products, providing a strong backbone to the diverse set of applications for derivatives trading and hedging going forward.

We went through a very careful thought process before making this decision. Read here for the message from Tascha Punyaneramitdee.

Alpha Tokenomics

Meanwhile, for Alpha Tokenomics, there are 3 important updates for ALPHA stakers:

  • Firstly, the total amount of ALPHA staked has reached 230M ALPHA, which makes up ~51% of the total circulating supply.
  • Secondly, we have disclosed the token allocation details of our second and third incubated projects, pStake and GuildFi, respectively. If you have been staking ALPHA since the start of the allocation date, then you can claim your first batch of PSTAKE tokens today.
  • Lastly, BETA allocation has come to an end. We have distributed a total of 50 million BETA tokens to ALPHA stakers, allowing these eligible users to experience the world of "permissionless money markets for borrowing, lending, and shorting crypto assets".

Remember that the allocation is still going on for PSTAKE and GF, so don't forget to stake your ALPHA to get access to and own such valuable projects! Alpha Tokenomics Model is designed to provide maximum benefits for ALPHA stakers. With Alpha Tokenomics, ALPHA stakers can:

  • Earn Fees From the Whole Alpha Ecosystem
  • Unlock Unique Features Alpha Products (more leverage)
  • Project tokens of Alpha Launchpad’s incubated projects
  • Vote on Proposals

If you don't want to miss out on these benefits, stake your ALPHA now!

Alpha Wolves Community

This year, besides focusing on Alpha's products and incubated projects, we have also placed more focus on community engagement on Discord by allowing more contributions from the Alpha Wolves community. As a result, we revamped our Discord server by introducing new rooms, roles, and activities to the server. More details can be found here.

To further boost the engagement, we also have Rhett Shipp, taking on an important role among our community members and becoming a major help in initiating insightful discussions inside our Discord community. Check out Rhett’s talk on ‘Mental Models for Leveraged Yield Farming’ here.

Rhett will be hosting a weekly community call to provide DeFi knowledge on our Discord server. Come join us to share your thoughts for a great way to end your Tuesday night or start your Wednesday morning!

On top of that, we have prioritized external collaboration this month and, hence, hosted several big Twitter Space sessions with our big partners, Avalanche and Trader Joe:

To echo the ethos of mentorship, we have also educated our community and Avalanche’s about our product and its ecosystem:

Alpha Puppers’ Sneak Peek

GM my fellow Alpha Wolves. It's me again, Alpha Puppers! You have been seeing me around making memes for Alpha Finance Lab and answering some of your comments. However, today I will be revealing some secrets that may interest you.

Homora V2 is going to many places. Firstly, it is leaving Earth to land on the moon, or in other words, LUNA~. Secondly, it will be visiting the dimension of the phantom, or should I say, FANTOM?

That will be all the sneak peeks from me. Follow me if you want more exclusive leaks!

About Alpha Finance Lab

Alpha Finance Lab is a DeFi Lab, and on a mission to build Alpha Universe. Alpha Universe includes the Alpha ecosystem, which consists of Alpha products that interoperate to maximize returns while minimizing risks for users, and other ecosystems incubated through the Alpha Launchpad incubator program.

Alpha Homora is Alpha Finance Lab’s first product and DeFi’s first leveraged yield farming product that also captures the market gap in lending, one of the key pillars of the financial system.

Join our Telegram/Discord for the latest updates, follow us on Twitter, or read more about us on our Blog and Document!