The Web3 you were promised. A high-performance Layer 1 PoW network enabling scalable, easy to use and aligned crypto applications. No tradeoffs. Powfi is LIVE.

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Powfi is now LIVE! 💥 The first two foundational layers of $ALPH DeFi are now available: ▪️ Concentrated liquidity ▪️ ALPH liquid staking That also means: ▪️ ALPH x USDT liquidity can now be provided through the CLMM. ▪️ ALPH can now be staked for xALPH. ▪️ Other markets can also be added to the CLMM. More details below 🧵
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Important notice to alephium:native holders 🚨 CoinEx has announced it is shutting down (see @coinexcom post below). If you hold alephium:native on CoinEx, the key date is September 29, 02:00 UTC. After that point, non-USDT assets will be automatically sold and converted to USDT. You will receive USDT, but not your ALPH. To withdraw your ALPH directly, please do so before September 29. Thank you, Alephium Team
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Powfi is now listed on @DefiLlama 🦙 Track liquidity across all active Powfi pools in one place. Displayed values may vary from actual liquidity until xALPH is fully integrated. defillama.com/protocol/powfi
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Get up-to-date on everything Powfi 💥 Native alephium:native staking is now available on both Android and iOS devices via the Alephium mobile wallet v2.7.1. We’ve also made some visual tweaks to improve the user experience. 🤳 Android play.google.com/store/apps/d… 📲 iOS apps.apple.com/us/app/alephi… > Please update your wallet app to access this feature < Guides to Powfi’s incentive campaigns have been published 📃 📍 Staking: alephium.org/news/post/xalph… 🧑‍🌾 Farming: alephium.org/news/post/alph-… You can track all campaign stats in real-time with @notrustverif’s community-built tool. 📊 Bookmark: powfi.notrustverify.ch/ The official Powfi press release was published on @DefiantNews. 👓 Read it here: thedefiant.io/news/press-rel… 💥 Powfi x 🦙DefiLlama This integration is now complete on our side. Users should soon see Powfi on their platform in the next couple of days. 📃 Powfi SDK docs This literature is currently under active review and will be shared when complete. 📣 Feedback We are collecting and addressing your comments as they come in and appreciate your eye for detail. Thank you for your contributions to Powfi! A lot is happening. A lot more is going to happen. This is just the beginning. 💥
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Powfi’s first day was a day to remember 💥 Let’s reflect: $ALPH Staking: ▪ TVL: ~$440k, ▪ That’s ~7.24m ALPH staked, ▪ Accounting for ~5.3% of the ALPH circulating supply staked, ▪ Amongst 132 stakers, ▪ With a ~55k ALPH average stake. DEX: ▪ TVL: ~$180k ▪ 13 active pools, ▪ 9 CLMM and 4 CPMM, ▪ ALPH x xALPH Pool: ~$113k TVL, ~28% APR ▪ ALPH x USDT Pool: ~$50k TVL (25% of $200k target), ~17% APR Incentive campaigns: ▪ ALPH x USDT Pool farming and ALPH staking campaigns (guides to be published tomorrow with more details) ▪ Kudos to Alephium builders @notrustverif who have already deployed a dedicated real-time tracker for both: powfi.notrustverify.ch/ Misc: ▪ We're collecting and addressing community feedback as we go, so please keep it coming ▪ Mobile Wallet v2.7.1 is now available to all Android users, allowing for native $ALPH staking 🤖 ▪ The iOS mobile wallet update is currently pending ▪ Finalizing the SDK documentation ▪ Plenty more to come! ❌ One day. ✅ Day one. This is just the beginning.
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Powfi is now LIVE! 💥 The first two foundational layers of $ALPH DeFi are now available: ▪️ Concentrated liquidity ▪️ ALPH liquid staking That also means: ▪️ ALPH x USDT liquidity can now be provided through the CLMM. ▪️ ALPH can now be staked for xALPH. ▪️ Other markets can also be added to the CLMM. More details below 🧵
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Please note 📔 Powfi docs can be accessed here: docs.alephium.org/powfi The open-source SDK and its documentation will follow soon 👇
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A big kudos to @wachmc, @hongchao, @_nop33, @mikalph, @SecuFather, muchen, Thomas, and everyone at Alephium for the hard work that went into building Powfi 💥 From the engineering to the countless details behind the scenes, your work has been instrumental in bringing PowFi to life 👏 Thank you!
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Happy Powfi day! 💥
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The second Powfi incentive campaign 💥 👉 $ALPH staking: Round 0 Our initial target is for 15% of circulating ALPH to be staked. That represents approximately 20.5M ALPH. The staking campaign targets a 5% APY. More below ⬇️
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The initial staking targets: ▪️ 20.5M ALPH staked ▪️ 5% target APY ▪️ Monthly re-evaluation And, while staking remains below the target: ▪️ APY will be significantly higher. Note that xALPH will provide the liquid representation of staked ALPH.
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And finally... 🥁 Powfi will launch tomorrow! Stakers, here’s a recap of everything you need to know:
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