What is Alphr Finance (ALPHR) | What is Alphr Finance token | What is ALPHR token

What is Alphr Finance (ALPHR) | What is Alphr Finance token | What is ALPHR token

Alphr finance (ALPHR) is a decentralized social trading platform. Alphr enables you to find the best performing wallets in crypto and mirror them. What is Alphr finance (ALPHR) | What is Alphr finance token | What is ALPHR token

In this article, we'll discuss information about the Alphr Finance project and ALPHR token

*Alphr is a decentralized social trading platform. Alphr enables you to find the best performing wallets in crypto and mirror them. *

Esoteric

For many years on-chain data was limited to whales withdrawing and depositing to and from centralized exchanges. Whilst this could be a good indicator for short term ETH and BTC price movements it wasn’t nearly the treasure trove of alpha that it is today.

All the big funds are now using on-chain discovery tools and teams of researchers to track the activity of certain wallets on chain, to inform their strategies.

It’s a truly beautiful thing, how one building block or event in DeFi creates an opportunity for another to exist. For Alphr that building block was Uniswap and the event was DeFi summer when the volumes on DEXs surged over 10x.

When the best traders in the world start to trade on DEXs this makes all of their trades transparent and available on chain. This means it’s now possible to see who, for example, is the best performing WBTC trader in the last 90 days on Uniswap. You can then use that information to buy and sell WBTC when that trader does. Alphr enables you to do that, either manually or automatically using AMT (Automated mirror trading)

When you search for any wallet you will see this interface.

Alphr turns every wallet that has ever traded on Uniswap (and soon to be all DEXs) into a social profile. You can see net worth, return, risk score, current tokens held and much more. Follow profiles and see a feed of recent transactions by wallets you're following:

With the explosion of DeFi your wallet has quietly become your social identity on chain. Discovering other wallets and seeing which new platforms they are trading/farming on, and which tokens they are buying and when, is becoming an important part of crypto trading.

Alphr is De-Fi’s missing piece, a DeFi super app that connects it all. It enables you to visualize and discover the blockchain in a whole new way. It is the path to true alpha.

Key Features

The key features that differentiate Alphr from other mirror trading platforms are:

  1. Your wallet as a social profile: Your wallet is your on-chain identity; Alphr makes it into a social profile. Every ETH wallet that trades on Uniswap already has a profile automatically generated from their trades.
  2. Visualize the Blockchain in a whole new way: Follow wallets and see a feed of their recent transactions, so you can manually mirror trades of your choosing in one click.
  3. Automated Mirror Trading (AMT): Create an automated mirror pool to automatically copy any wallet.
  4. ALPHR protocol fees: 75% of protocol fees are redistributed to Alphr users providing liquidity on Uniswap in exchange for the service they are providing to the protocol. 25% of the protocol fees are sent to the community development fund, to fund future development of the protocol.
  5. Risk score: Each wallet address has its own risk score based on their trading history, enabling users to make quicker and smarter decisions about which wallets to mirror.
  6. User Incentives: Every time a user’s trade is copied, they earn ALPHR tokens. Even if a user hasn’t claimed their Alphr profile yet they are earning rewards when being mirrored.
  7. Save gas fees: Automated mirror pools route funds together in a single transaction, saving users gas fees.
  8. Cross chain: Starting with Uniswap and Ethereum, but soon users will be able to mirror trades on BSC, Polkadot and more

Token allocation

Total Supply: 10,000,000 ALPHR

Starting Price: $1.50

FDV: $15,000,000

Initial circulating supply: 683,333 ALPHR

Initial market cap: $1,025,000

Token Distribution

To bootstrap token liquidity, and ensure sufficient incentive for protocol users, the token release schedule has been carefully crafted around the protocol launch and includes a Uniswap LP mining rewards programme.

A few weeks after IDO the LP rewards programme will commence and these will be the ONLY tokens released until after the protocol is launched and protocol revenue distribution and LP mining programme is live.

How and Where to Buy Alphr Finance (ALPHR)?

ALPHR token is now live on the Ethereum mainnet. The token address for ALPHR is 0xaa99199d1e9644b588796F3215089878440D58e0. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough ETH in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet

If you don't have a Metamask wallet, read this article and follow the steps

What is Metamask wallet | How to Create a wallet and Use

Transfer $ETH to your new Metamask wallet from your existing wallet

Next step

Connect Metamask wallet to Uniswap Decentralized Exchange and Buy, Swap ALPHR token

Contract: 0xaa99199d1e9644b588796F3215089878440D58e0

Read more: What is Uniswap | Beginner's Guide on How to Use Uniswap

The top exchange for trading in ALPHR token is currently Uniswap, Gate.io

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once ALPHR gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

https://www.binance.com  ☞ https://www.bittrex.com  ☞ https://www.poloniex.com  ☞ https://www.bitfinex.com  ☞ https://www.huobi.com

Find more information ALPHR

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🔺DISCLAIMER: The Information in the post isn't financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.

🔥 If you're a beginner. I believe the article below will be useful to you

⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐

I hope this post will help you. Don't forget to leave a like, comment and sharing it with others. Thank you!

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