x
x
xToken
Search…
xALPHA
ALPHA Staking Strategy

Summary:

xALPHA is an ERC20 wrapper for the the ALPHA staking process. xALPHAa holders express a long term bullish view on the value of ALPHA and ALPHA staking rewards. xALPHAa is a set-and-forget token, requiring no active participation from holders.

The Strategy

  • Users deposit ALPHA and xALPHA stakes on their behalf
  • xALPHAa claims and stakes ALPHA rewards to create an auto-compounding asset for the ALPHA bull
  • xALPHA is a cheaper, more convenient, more efficient and more powerful asset that generates the same basic returns of ALPHA staking, paving the way for incremental returns

Why xALPHA?

  • Instant Liquidity
  • Liquid Collateral
  • Automatic Reinvestment
  • Tax Efficiency
  • Access to Lending (xLEND)

Risks:

xALPHA is risky and highly experimental tech. Additionally, the success of xALPHA is highly dependent on the success of the ALPHA Protocol. Do your own research on the risks of the xToken platform and ALPHA.
Last modified 1mo ago