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#Alpha is starting a new year with #AlphaHomoraV2 that'll be launched this month in January! 
@CreamdotFinance, @SushiSwap, @CurveFinance, and @BalancerLabs officially join #AlphaHomoraV2 as partners to bring growth the whole #DeFi.
Thread
https://blog.alphafinance.io/alpha-homora-v2-is-coming-to-town/
@CreamdotFinance, @SushiSwap, @CurveFinance, and @BalancerLabs officially join #AlphaHomoraV2 as partners to bring growth the whole #DeFi.
Thread
https://blog.alphafinance.io/alpha-homora-v2-is-coming-to-town/
2/ #AlphaHomoraV2 is one of the many #Alpha products that'll be launched this year in 2021 under @AlphaFinanceLab project.
As we continue to grow, we'll continue to not only innovate in the #DeFi space, but also help bring growth to our partners and the whole DeFi ecosystem.
As we continue to grow, we'll continue to not only innovate in the #DeFi space, but also help bring growth to our partners and the whole DeFi ecosystem.
3/ @leokcheng from @CreamdotFinance shared his thoughts
âThis partnership is a win-win for both #AlphaHomoraV2 and #Cream V2, as our users get higher yields from Alpha Homora V2, and Alpha Homora V2 users can take leverage on more assets by sourcing liquidity from Cream V2.â
âThis partnership is a win-win for both #AlphaHomoraV2 and #Cream V2, as our users get higher yields from Alpha Homora V2, and Alpha Homora V2 users can take leverage on more assets by sourcing liquidity from Cream V2.â
4/ @0xMaki from @SushiSwap also shared one of his favorite features
âOne of the key features in #AlphaHomoraV2 that I like is not selling farmed tokens. #Alpha teamâs value to bring growth to partnersâ communities aligns with that of #SushiSwap. Looking forward to more collab!â
âOne of the key features in #AlphaHomoraV2 that I like is not selling farmed tokens. #Alpha teamâs value to bring growth to partnersâ communities aligns with that of #SushiSwap. Looking forward to more collab!â
5/ @charlie_eth from @CurveFinance shared his thoughts on #Alpha project
"Itâs been a pleasure working closely with the #Alpha team to integrate #AlphaHomoraV2 with #Curve. Alpha is a great project with many use cases to further improve the #DeFi ecosystem!â
"Itâs been a pleasure working closely with the #Alpha team to integrate #AlphaHomoraV2 with #Curve. Alpha is a great project with many use cases to further improve the #DeFi ecosystem!â
6/ Finally @fcmartinelli from @BalancerLabs shared his thoughts on leveraging LP
âLove seeing innovative products like #AlphaHomoraV2 using #Balancer under the hood. Leveraging LP yield is great as it improves capital efficiency. Users should bear in mind the risks.â
âLove seeing innovative products like #AlphaHomoraV2 using #Balancer under the hood. Leveraging LP yield is great as it improves capital efficiency. Users should bear in mind the risks.â
7/ The image below shows a sneak peek of #AlphaHomoraV2 user interface!
#AlphaHomoraV2 makes sure to maintain the user friendliness that Alpha Homora v1 has while adding more functionalities and supporting more partners.
What are the key features of #AlphaHomoraV2?
#AlphaHomoraV2 makes sure to maintain the user friendliness that Alpha Homora v1 has while adding more functionalities and supporting more partners.
What are the key features of #AlphaHomoraV2?
8/ Key features in #AlphaHomoraV2 include
leveraged #yieldFarming on #Curve, #Balancer, #SushiSwap, & #Uniswap
Take leverage on many assets, not just $ETH
Up to 9x leverage on stablecoins
No auto reinvestment
Users can supply only 1 token (no need of both)
leveraged #yieldFarming on #Curve, #Balancer, #SushiSwap, & #Uniswap Take leverage on many assets, not just $ETH Up to 9x leverage on stablecoins No auto reinvestment Users can supply only 1 token (no need of both)
9/ To allow users to take leverage on many assets, #AlphaHomoraV2 and #CreamV2 are integrated at a level that has never been done before in #DeFi.
It's the first time that a contract ( #AlphaHomoraV2) can borrow from another contract ( @CreamdotFinance) in under-collateralized way
It's the first time that a contract ( #AlphaHomoraV2) can borrow from another contract ( @CreamdotFinance) in under-collateralized way
10/ #AlphaHomoraV2 can borrow liquidity from @CreamdotFinance and offer as leverage for our users, allowing our users to take leverage on many assets.
#Cream lenders can also benefit from the higher lending interest rate (as more Alpha Homora users are borrowing).
#Cream lenders can also benefit from the higher lending interest rate (as more Alpha Homora users are borrowing).
11/ After launching #AlphaHomoraV2, we will roll-out new $ALPHA token utilities!
Sneak peek of those utilities include $ALPHA token holders
Can earn higher lending interest rates
Can unlock special features on #AlphaHomoraV2
We will share more details soon!
Sneak peek of those utilities include $ALPHA token holders
Can earn higher lending interest rates Can unlock special features on #AlphaHomoraV2We will share more details soon!
12/ Next steps
Simple and easy migration process from V1 to #AlphaHomoraV2 will take place once we launch V2.
While this marks a significant milestone, we're still early in the project days. There're more problems to be solved with new innovative & user friendly #Alpha products
Simple and easy migration process from V1 to #AlphaHomoraV2 will take place once we launch V2.
While this marks a significant milestone, we're still early in the project days. There're more problems to be solved with new innovative & user friendly #Alpha products
13 (last)/ For more details, including step-by-stepg guide of how leveraged #yieldFarming and liquidity providing works in #AlphaHomoraV2, please refer to the blog post below. https://blog.alphafinance.io/alpha-homora-v2-is-coming-to-town/
