TALLINN, ESTONIA / ACCESSWIRE / January 27, 2022 / Alium.Finance, an Estonian FinTech start-up, is seeing the birth of the next big thing - the launch of a Strong Holders Pool, an alternative to staking.
2021 was successful for Alium.Finance, a multi-blockchain decentralized AMM exchange with NFTs. It was full of victories and accomplishments. 2022 plans to be even more successful, bright, and full of milestones. The C-level team behind the start-up brings together talented individuals and acknowledged professionals with combined blockchain technology and marketing experience. Alium's team has already achieved most of the roadmap goals, launched Alium.Finance MultiChain DEX with support of 4 blockchains, them being Binance Smart Chain or BSC, HECO, Polygon, and Ethereum. Furthermore, they conducted a full audit and attracted a lot of contributors and creators. In 2022 the start-up is going to go even further by launching to Asia, making improvements on both design and the concept of Alium Swap.
According to TrustWallet, staking has a lot of risks, including market, liquidity, validator risks, lockup periods, and rewards duration issues. Therefore, it makes a Strong Holder Pool a better alternative, which also improves the TLV of projects.
Alium.Finance was also working a lot on the Strong Holders Pool, and finally, this long journey has come to an end.
About Strong Holders Pool
The Strong Holders Pool is a gamified alternative to staking and other incentive tools for holders to earn money and companies to attract community and keep TVL growing for a long time.
The mechanics are pretty simple. The pool gathers 100 people, and each participant independently decides how many tokens one is willing to hold in it . As soon as everything is assembled, the Strong Holders Pool starts. You don't have to do anything; you just have to wait. The first 60 people who want to take tokens and leave the pool will partially lose tokens on it. But the participants remaining in the pool will receive them. It's called Strong Holders Pools for a reason, and those who are patient will get a high yield . At the same time, there is no element of luck or dependence on factors beyond the control of the holders, and the loss of those who left is calculated automatically. The quick leavers lose not all the tokens in the pool but only a proportional part, which depends on what deposits in the pool the holders were left waiting for.
In addition, the Strong Holders Pool often has an additional incentive part, for example, in the form of NFTs for the last 8 or 10 holders. Those who can stay until the very end will benefit both from the participants who left earlier and from receiving NFT, which usually increases in price several times over time until most people leave the pool.