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Powfi ALPH/xALPH LP

DeFi

Powfi is the Alephium core DEX and liquid-staking dApp. xALPH is liquid staked ALPH: it stays usable in DeFi while the underlying ALPH earns staking rewards.

This project turns mining revenue into liquidity for the ALPH/xALPH pool on Powfi, so that moving between ALPH and xALPH stays cheap and instant.

Funds are handled automatically by the wallet-agent from the project wallet: part of the ALPH is swapped to xALPH, then both sides are added to the pool. The liquidity position stays in the project wallet.

Project share (90%)
Liquidity in the Powfi ALPH/xALPH pool, held by the project wallet
Funding strategy
Automated on-chain operations from the project wallet

Support with hashrate

Pool: Kryptex

Keep mining ALPH on Kryptex. Pool payouts go to a unique KarmALPH address, are routed to Powfi ALPH/xALPH LP and the protocol, and you are credited KARMA.

  1. 1Connect wallet
  2. 2Complete profile
  3. 3Generate donation address
  4. 4Configure your ASIC

Connect the Alephium wallet that should receive your KARMA rewards.

Donate directly

Support Powfi ALPH/xALPH LP with ALPH instead of mining. Donations are detected on-chain and split with the same 90/2/6/2 rules as mining; the project share goes to the project wallet. The sending address is credited for the KARMA reward once the liquidity step has been executed.

Direct donations are not open yet for this project: its donation address has not been verified.

How the funds are used

Breakdown of the project share (90% of every contribution).

  • ALPH to xALPH swap · 50%

    About half of each batch is swapped to xALPH on the Powfi pool, within a strict slippage limit.

  • Liquidity provision · 50%

    The swapped xALPH and the remaining ALPH are added to the ALPH/xALPH pool.

Milestones

  1. 1

    Pool verified

    ALPH/xALPH pool and token ids confirmed on the target network.

  2. 2

    Automated liquidity

    Batches swapped and added to the pool without manual steps.

Risks

  • Impermanent loss: the xALPH/ALPH ratio drifts as staking rewards accrue.
  • Smart-contract risk of Powfi and of the pool.
  • Swaps are limited by slippage and price-impact guards; a batch is skipped when the pool is too shallow.

Project statistics

Current hashrate
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Contributors
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ALPH received
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From mining
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From direct donations
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Routed to project
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Pending in pools
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Project wallet
Not published yet
Donation wallet
Not published yet