CryptoCurrencies
12684
Exchanges
500
Total Market Cap
2,351,096,996,685
Volume 24h
176,804,809,435
Dominance
BTC 51.60%   ETH 15.35%   USDT 4.64%   BNB 3.52%

AlfProtocol
ALF

0.00000060
$
0.00 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 187.79
Total Supply
10,000,000,000
ALF
$
# Exchange Pair Price Volume 24h

Description

At the core lies the protocol for leveraged liquidity provision into AMMs and yield farming. Complementary to that, Alfprotocol offers two protocols for unleveraged liquidity management: AlfMM (a decentralized exchange service) and Alf (an overcollateralized borrowing service). The core purpose of both protocols is to provide entry points for traders and risk-averse investors, offering them a platform to trade and provide liquidity, all the while reining in additional revenue from indirectly providing liquidity. The protocol will be an interesting tool for risk-averse investors to use their capital to follow a target of principal-protected yield (can be low) by providing capital into the AMM pools. Whereas risk-seeking investors will be able to use their capital to gain maximal yield (by taking risks) by providing liquidity into (external) AMMs with leverage borrowed. For borrowers who will be able to use collateral thanks to the access to liquidity, there will be an opportunity to borrow from the lending pools. Additionally, arbitrageurs will also use their automation skills, short-term capital access to perform liquidations in order to earn assets by facilitating market efficiency.