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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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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Powfi's liquid staking is also listed separately, with over $490K in TVL through $xALPH.
defillama.com/protocol/xalph
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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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"Alephium Launches Powfi, Bringing Concentrated Liquidity and Liquid Staking to Proof-of-Work"
Read Powfi's official press release here:
thedefiant.io/news/press-rel…
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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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Powfi is now LIVE! 💥
Start here: powfi.alephium.org/
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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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