xALPHAa is an ERC20 wrapper for the ALPHA token and the Alpha Finance Protocol staking process. xALPHA is a set-and-forget token, requiring no active participation. Staking rewards are automatically reinvested in ALPHA, allowing investors to compound their ALPHA position. Holders can redeem for ALPHA or ETH at any point. Fees are 0.2% on mint, 0.2% on burn, and 3% of launchpad distributions.
As on and off-chain governance becomes a more integral part of the Alpha Finance ecosystem, we will work with the community to develop a consensus framework and contribute where appropriate.