#币安Alpha上新 Alpha Token: A Description in English
The term "Alpha Token" does not refer to a single cryptocurrency, but is used for several, each with its own characteristics and purposes. This ambiguity arises because different projects use "Alpha" or "Alpha Token" in their branding. Below, we will examine some notable examples:
- Alpha Token (A): Associated with the Alpha platform, launched in October 2017 by a U.S.-based team, this ERC-20 token seeks to simplify access to cryptocurrency mining for the general public. Its main function includes regulating buyback and payment programs, facilitating access to mining resources, rewarding users, and stimulating demand. Its price and market capitalization vary depending on the exchange.
- Alpha Finance Lab (ALPHA): This project, formerly known as Alpha Finance Lab, now uses the symbol "ALPHA" and is associated with Stella, a leveraged strategy protocol. Unlike the previous Alpha Token, ALPHA is designed to provide users access to leveraged DeFi strategies with a 0% loan interest. The token has a different market capitalization and price history compared to token "A".
- .ALPHA Token: Another cryptocurrency that uses the name "Alpha" is the .ALPHA token, originating from the Internship DAO of URN. This ERC-20 token governs the Alpha NFT and the treasury, originating from a significant NFT sale. Internship NFT holders can burn their NFTs to acquire .ALPHA tokens. Its purpose is primarily focused on governance within the NFT ecosystem.