How to Start Earning with $ALF

$ALF is a cryptocurrency that you can use to earn interest on your investment. By locking a StableCoin amount and an $ALF collateral for a certain period of time, you can jump into one of our 4 different plans (Vaults) and start earning yield.

Yields will naturally vary depending on the token lock duration and the amount of money locked, but when the period is over, you will get your money + yield back. Plus, we will burn 5% of the $ALF collateral in the process. If you need to withdraw your money before the end their lock period, there is a 30% fine from the system.

How it Works

To start earning with $ALF, investors need to lock a StableCoin amount and an $ALF collateral for a certain period of time. Yields will naturally vary depending on the token lock duration and the amount of money locked. When the period is over, investors get their money + yield back, and we burn 5% of the $ALF collateral in the process.

If investors need to withdraw their money before the end their lock period, there is a 30% fine from the system. This is to ensure that people do not abuse the system and to incentivize people to hold onto their investment for the full duration. Withdrawing early takes away from the earnings of those who do not withdraw early and thus penalizes them for doing so.

$ALF is a great way to earn interest on your investment. By locking up your StableCoin and $ALF collateral for a set period of time, you can jump into one of our 4 different plans and start earning yield. Just be aware that if you need to withdraw your money before the end of your lock period, there is a 30% fine from the system.

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More Information;

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