The FOLO token is used on the Alpha Impact platform by users, who pay to get access to platform features and payments, and by traders, who receive rewards payable in tokens.
One core element of our strategy involves native staking. This involves depositing our token into a smart contract and earning a passive interest rate.
Our token is used to incentivize participants in our company liquidity pool, both ETH-FOLO ERC20 and WETH-FOLO on Polygon.
The Traders 100 Club is an exclusive community of our top 5 traders. They work with our top 100 VIP clients, who gain exclusive offline events, meetups, seminars, and more access to the traders. We have allocated 10 spaces in the program for our top 10 token holders, and those investors will gain the ability to get real-time trading support from our top 5 traders.
Services on our platform will be discounted for individuals who hold or stake FOLO tokens. The higher number of tokens on the platform, the higher the discount.
Stake tokens on the platform to save on subscription and copy trading fees.
We spend weeks at a time analyzing data, so you don’t have to. We have relationships with several market data providers to make your trading experience as relevant and well-informed as possible.
We negotiate with them to get you access to the best market data, on-chain analytics, and more, and we make these analytics tools available to users who stake or hold tokens on the platform.
Stake tokens and increase the rewards you can earn as a top trader.
Users will have the option to tip their top trader in tokens. We consider this especially relevant where new users (who may not be copy trading) receive valuable insights from subscribing to the updates or analysis of a top trader from their subscribers’ social feed.
Users can vote in a monthly competition to nominate the best trader of the month. The cost to enter will be $5 in tokens per month. The trader who wins the competition will the pool of tokens and receive an increase in their fees (up to 100%) for that month, and one voter will receive free fees for the month to discount their fees the following month.
We have a rich data source populated by all the data we gather from being connected to exchanges.
When launched, we will make proprietary off-chain (exchange-settled) data available to users who have staked or hold tokens on the platform.