Alium Finance

ALM
Launch date:

Description:

ICO State: 
Ended ICO

Alium Finance is a unique multi-chain DeFi ecosystem that aims to make decentralized finance easy with innovative hybrid liquidity and cross-chain swaps. Alium Finance aims to provide the best trading experience possible and maximize returns for its community by offering users an all-in-one platform through which they can trade, stake, and provide liquidity to various blockchains.

Token Overview

The Alium Finance token (ALM) is at the center of the ecosystem and provides its holders with governance voting rights, the ability to stake, and participate in liquidity pools. It is a utility token for the platform used to pay for transaction fees, liquidity incentives, and staking rewards. It connects with various blockchains, allowing higher access to DeFi solutions​.

Tokenomics

Alium Finance tokenomics are engineered towards a sustainable user-driven ecosystem. They currently have a deflationary model with periodic burns aimed at reducing supply and increasing scarcity with time — called the ALM token. The system encourages long-term involvement by rewarding users who stake and provide liquidity, which in turn leads to token holders benefiting from the rise in value​.​

ICO Details

Alium Finance Initial Coin Offer (ICO) was created to provide necessary financial support for the development of its DeFi platform. Investors can purchase the ALM tokens during the ICO at discounted rates and are granted early access to platform functionalities. The ICO was set up to provide liquidity for platform, liquidity pools and user incentives​.

Technology and Features

Alium Finance takes DeFi trading to the next level by implementing new technology, such as hybrid liquidity and cross-chain integration. This is done through a hybrid liquidity model that brings together both centralized and decentralized liquidity solutions addressing the liquidity issue of decentralized exchanges (DEX). Allowing users to easily swap assets between various blockchain systems​.

Team and Advisors

The Alium Finance team consists of professionals with long experience in different sectors of the blockchain and DeFi industries. The team can be found at the intersection of technology, business development and marketing, and is supported by a network of industry experts advisors. Together their various expertise that is critical to the development and innovation of the platform, which is in a competitive market​ has the fuel that will enable its success​.

Roadmap

Alium Finance uses a roadmap that shows the primary expectations of the development of the platform for the near future. Looking ahead, they plan to introduce more advanced cross-chain functionality, more efficient staking pools and more sophisticated liquidity instruments. The roadmap has true commitment to Alium Finance platform strengths​ and always keeping Alium

Token info:

Project platform:
Ethereum
Accepted currencies:
USDT
Excluded countries:
no
Fund raising start date:
May 20, 2022
Fund raising end date:
August 22, 2024
Soft CAP (in $USD):
500000
Hard CAP (in $USD):
1000000
Price per coin (in $USD):
0.20
Company country:
UK
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