Alphr Finance also known as Alphr is a decentralized social trading platform that enables you to find the best performing wallets in crypto and mirror them. Some of the features to expect of Alphr are discussed in this article.
Your wallet exists as a social profile on Alphr. Your wallet is your on-chain identity; Alphr makes it into a social profile. Every ETH wallet that trades on Uniswap already has a profile automatically generated from their trades. Blockchain visualisation done in a whole new way. Users can follow wallets and see a feed of their recent transactions, so you can manually mirror trades of your choosing in one click. That way you can set a role model with the ideal transactions you find worthy and manually mirror their transactions. Another feature is the Automated Mirror Trading. Unlike the previous feature where you manually mirror the wallet, with this, you can create an automated mirror pool to automatically copy any wallet.
Another feature to be expected is Risk score. Despite having the luxury of choosing role model wallets to mirror based on past or historical analysis and successes among other reasons, this feature goes well to rate each wallet so as to give more insight to what users would be mirroring and in turn help them make better decisions with chosen mirrored wallets. Each wallet address has its own risk score based on their trading history, enabling users to make quicker and smarter decisions about which wallets to mirror. The next feature is the ALPHR Token Value Capture. 100% of the transaction fees are returned back to ALPHR token holders through a burn mechanism. The ALPHR token is a governance token that controls the community development fund.
Every time a users’ trade is copied, they earn ALPHR tokens. Even if a user hasn’t claimed their Alphr profile yet they are earning rewards when being mirrored. This basically means mirroring is a win-win move for everyone. Both the mirrored and mirroring users are in a mutually beneficial agreement. Gas fees are also saved as automated mirror pools route funds together in a single transaction, saving users gas fees.
ALPHR hopes to achieve cross chain in the future. As it stands at the moment, they are starting with Uniswap and Ethereum, but soon users will be able to mirror trades on BSC, Polkadot and more. This will build a wider framework for trading efficacy and dependability to a greater extent all across the cryptocurrency world.
If you would like to know where to buy Alphr finance, the top exchanges for trading in Alphr finance are currently Gate.io, Uniswap (V3), BigONE, and Bilaxy. As stated earlier on, the $ALPHR token is a governance token that entitles all $ALPHR holders to governance rights over the protocol and community development fund which is about 20% of the token supply. In addition to this, the value of the transaction fees are captured by the token holders.
All transaction fees generated by the Alphr platform are dispersed to the $ALPHR token holders. 75% of fees are used to buy and burn the token and 25% of fees are transferred to the token holder controlled community development fund. And there you have it about ALPHR.
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