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  • How to Access ALP
  • ALP Stake APY
  1. Welcome

ALP Liquidity Pool

PreviousTaxNextHow to buy ALP?

Last updated 8 months ago

ALP is the APX Finance platform’s liquidity provider token made up of a pool of assets. Users can become liquidity providers by using any of the specified assets to buy ALP.

ALP pool is the direct counterparty of V2 on-chain perp traders. There are four ALP pools: on BNB Chain, Arbitrum, opBNB and Base networks .

How to Access ALP

Go to ALP Pool (BNB Chain):

*To access ALP Pool on Arbitrum, opBNB or Base, switch the network. Note that there is no ALP pool on Arbitrum Sepolia.

The initial issue price of ALP is USD$1. The net asset value of ALP is influenced by the profit or loss of the pool and income from trading fees, funding fees and liquidations. Users who mint ALP earn from platform fees reflected in ALP net asset value (denoted as Fee APY).

ALP Stake APY

Aside from Fee APY, LPs may benefit from Stake APY.

Users can stake ALP on APX (for ALP BNB Chain only) to earn $APX rewards. There are no active staking rewards for ALP Arbitrum, opBNB and Base.

Note: After buying ALP, users cannot transfer it to other wallet addresses. Currently, only selling, staking and unstaking functions are supported.

πŸ’Ž
https://www.apollox.finance/en/ALP