Alf Protocol — Public IDO Timeline & Contribution Guide

Published in

Solster Finance

5 min readMay 27, 2022

We’re thrilled to announce that Alf Protocol IDO will be available at https://app.solster.finance/ido-launchpad on 13th June at 7:00 AM UTC.

Solster is an insured IDO Launchpad — 100% refund to the investor if the project token failed to maintain the IDO token price on TGE day.

ALF Protocol — A step toward the third-generation DeFi, offering leverage for liquidity providers. 🚀

Check out👉 https://alfprotocol.com/files/AlfProtocol_Deck.pdf

Please find the Alf Protocol timeline:

Eligibility for Alf Protocol IDO allocation consideration is to stake STR or STR-LP at https://app.solster.finance/ before 12th June 5 AM UTC.
Allocation will be allocated on 12th June before 3 PM UTC and contribution will start on 13th June at 7:00 AM UTC to 15th June at 7:00 AM UTC.
Distribution & Listing: TGE on 16th June. Solster will airdrop the token $ALF. Solster will announce the details. Stay tuned!

ALF Protocol IDO will be available at https://app.solster.finance/ido-launchpad on 13th June at 7:00 AM UTC. Ensure you use a PC for a smooth purchase.

ALF Protocol IDO — Important Details

Public Pool Token Price:
$ALF = $0.007
Pool Cap: $50k
Acceptable Solana Wallets: Sollet, Slope, Coin98, Phantom
Who is Eligible:
All candidates with $STR or STR-LP Staking Tiers on Solster.
Vesting Period:
20% TGE, 20% Monthly for the next 4 months.
KYC: Not required.
Chain: Solana
Distribution & Listing: TGE on 16th June. Solster will airdrop the token $ALF. Solster will announce the details. Stay tuned!

How do get qualified for the IDO?

How to Participate in ALF Protocol Public IDO?

STEP 1.
Stake $STR or STR-LP for confirmed allocation 👇
https://app.solster.finance/

⏳ Staking Period
Stake $STR or $STR-LP before 12th June at 5 AM UTC.

📹 Demo video: How to stake $STR?

📹 Demo video: How to stake $STR-LP?

Tier Pool Information

The tiered system is designed to determine the guaranteed allocation for every IDO participant available in the pool. It’s a fair, decentralized process of determining the pool weight of the allocation for the specific participant.

Tier 4: Giga — 49% Pool Weight (75,000 Staked STR or 64,000 Staked STR-LP). GUARANTEED ALLOCATION!
Tier 3: Mega — 29% Pool Weight (50,000 Staked STR or 44,000 Staked STR-LP). GUARANTEED ALLOCATION!
Tier 2: Micro — 14% Pool Weight (26,000 Staked STR or 22,000 Staked STR-LP). GUARANTEED ALLOCATION!
Tier 1: Nano — 8% Pool Weight (14,000 Staked STR or 12,000 Staked STR-LP). GUARANTEED ALLOCATION!
Tier 0: Pico — Custom Pool Weight (2,000 Staked STR or 750 Staked STR-LP). NO GUARANTEED ALLOCATION!

STEP 2.
You need to connect your Solana Wallet (Sollet, Slope, Coin98, Phantom)at https://app.solster.finance to check your allocation for ALF Protocol IDO on 12th March. We will announce it before 3 PM UTC.

STEP 3.
The contribution will start on 13th June at 7:00 AM UTC to 15th June at 7:00 AM UTC. Take your time. No hurry.

NOTE: FCFS will start on 14th June at 7:00 AM UTC to 15th June at 7:00 AM UTC.

STEP 4.
Distribution & Listing: TGE on 16th June. Solster will airdrop the token $ALF. Solster will announce the details. Stay tuned!

We take pride in being transparent, and to provide a fair launch, we will reject all the entries that have not been elected as per the defined process.

Best Luck!!!

⚠️ Warning ⚠️

❗️ Please beware of the fraudsters and fake addresses. ❗️

❗️ Solster team will never DM you to ask about other details. ❗️

❓️ Do you have any questions?️❓

For more information regarding the Private Deal, IDO, and $STR token, join the official Solster Telegram account, https://t.me/solster_finance_chat

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ALF Protocol — Project Overview

Alfprotocol — A step toward the third-generation DeFi, offering leverage for liquidity providers. 🚀

At the core lies the protocol for leveraged liquidity provision into AMMs and yield farming. Complementary that, Alfprotocol offers two protocols for unleveraged liquidity management: AlfMM (a decentralized exchange service) and Alf (an overcollateralized borrowing service). The core purpose of both protocols is to provide entry points for traders and risk-averse investors, offering them a platform to trade and provide liquidity, all the while reining in additional revenue from indirectly providing liquidity.

The protocol will be an interesting tool for risk-averse investors to use their capital to follow a target of principal-protected yield (can be low) by providing capital into the AMM pools. Whereas risk-seeking investors will be able to use their capital to gain maximal yield (by taking risks) by providing liquidity into (external) AMMs with leverage borrowed.

For borrowers who will be able to use collateral thanks to the access to liquidity, there will be an opportunity to borrow from the lending pools. Additionally, arbitrageurs will also use their automation skills, and short-term capital access to perform liquidations in order to earn assets by facilitating market efficiency.

For more information, please see the documents below:

🌐 Website: https://alfprotocol.com/

📄 Whitepaper: https://alfprotocol.com/files/Alfprotocol-Whitepaper-2022.pdf

📄 Litepaper: https://alfprotocol.com/wp-content/uploads/2022/03/Alf_one_pager.pdf

📄 Pitch Deck: https://alfprotocol.com/files/AlfProtocol_Deck.pdf

💥💥 Social Channels:

🐦Twitter: https://twitter.com/AlfProtocol
📱 Telegram Group: https://t.me/alfprotocol
📱 Reddit: https://www.reddit.com/user/ALFPROTOCOL
📱️ Discord: https://discord.gg/WBmKUH4rk2
📱️ ️Medium: https://medium.com/@alfprotocol

Disclaimer: Cryptocurrency investment is subject to high market risk. Solster Finance is not responsible for any of your crypto losses. Please do not construe any of the above statements as to financial advice.