Alienbase

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Frequently asked questions

What is the purpose of ALB tokens?

The purpose of ALB tokens is to reward liquidity providers who stake their Liquidity Pool Tokens. By staking their tokens, liquidity providers not only support the ecosystem but also earn ALB tokens. Additionally, ALB token holders can stake their tokens to unlock the power of staking and receive yield in ETH from Area51, an exclusive DEX, along with ALB rewards. ALB tokens can also be used for governance processes and feedback forums on the Alien Base platform.

How can I earn swap fees as a Liquidity Provider?

To earn swap fees as a Liquidity Provider, you need to deposit both assets of a pair and become a Liquidity Provider. By doing so, you will be rewarded with a share of the swap fees. Additionally, you can boost your earnings by staking your Liquidity Pool Tokens and participating in the farming program. By staking your tokens, you not only support the ecosystem but also earn ALB tokens. The platform also offers a Dual Farm Rewards program, where you can maximize your gains by staking LP tokens and earning rewards in multiple tokens through collaborations with partner projects.

What are the benefits of farming ALB tokens?

The benefits of farming ALB tokens include earning rewards in multiple tokens through the Double Rewards program, maximizing gains with collaborations with partner projects, and earning up to 397% on crypto. By staking LP tokens in the farms, liquidity providers can make money while they sleep.

How can I stake Liquidity Pool Tokens with ALB?

To stake Liquidity Pool Tokens with ALB, you can participate in their farming program. By staking your Liquidity Pool Tokens, you not only support the ecosystem but also earn ALB tokens. Additionally, you can unlock the power of staking with ALB and receive genuine yield in ETH from Area51, their exclusive DEX, along with ALB rewards. They also offer a Double Rewards program where you can maximize your gains by staking LP tokens and earning rewards in multiple tokens through collaborations with partner projects.

How does the Double Rewards program work?

The Double Rewards program allows users to maximize their gains by staking LP tokens in the farms provided by Alien Base. By participating in this program, users are eligible to earn rewards in multiple tokens through collaborations with partner projects. Additionally, 50% of all fees are shared with liquidity providers, allowing users to earn passive income.

What is the current Total Value Locked (TVL) in Alien Base?

The current Total Value Locked (TVL) in Alien Base is $6.22 million.

What is the APR for the ALB-ETH LP pair?

The APR for the ALB-ETH LP pair is 383%.