True Degens Guide: Best Places to Explore ALPH
I get it. You’re a pro—a legend, even. You’ve outtraded everyone in your circle, and the rest? Total rookies. Now, you’re ready to step up and play in high rollers. But here’s the thing: you’re the new face around. No sweat—I’m the cool, stoic guy at the entrance, metaphorically puffing on a cigar. (Don’t worry, it’s all virtual. I ditched the real thing ages ago.)
You’re like, “Yo. Where are the girls?” Oof. Wrong question, my friend.
But hey, let’s refocus. I’m here to guide you to where the real action is—the juiiicy… uh, GAINS! Those THICC APYs, and those sizzling-hot… MEMETOKENS! Yeah, that’s my lane. As for your first question? Sorry, can’t help you there. (I swear!)
Step 1: Gear Up with a Wallet
Anyway, before we make any transaction. You need a compatible wallet. You can download it anywhere from these trusted sources:
🔹Alephium Desktop Wallet: Download here
🔹Alephium Mobile Wallets: Android | Apple
🔹Alephium Web Extension Wallets: Chrome | Firefox
🔹Hardware Wallets: Ledger | OneKey | Tangem (soon!) | SafePal (also soon!)
🔹3rd Party Wallets: FxWallet (Mobile) | Zelcore (Desktop & Mobile) | Sesame Wallet (Mobile) | Linx Labs (soon!)
Pro Tip: Group 0 Wallets Are the Way to Go
Here’s the deal tho: in Alephium, our wallets work a little differently—they come with groupings. Sounds new to you? That’s because our blockchain is the only sharded blockchain at the protocol level. (Ooooh, Mr. Vitalik is jealous!)
Here’s the scoop: wallet groupings are tied to shard assignments. Most dApps operate in Group 0, so for a smooth experience, I recommend setting up and funding a Group 0 wallet. Think of it like any other wallet—it’s just where the magic happens.
Getting started with an Alephium wallet? Easy. It’s as straightforward as setting up a MetaMask wallet:
Follow the prompts.
Back up your recovery phrase (seriously, don’t skip this step).
Fund your wallet.
Boom—you’re ready to roll!
Step 2: Stack Up
Let’s be real—I don’t deal with empty pockets. If you’re serious about playing this game, you need to come prepared with a nice, fat stack. Lucky for you, snagging some $ALPH is easy. It’s available on popular exchanges like Gate.io, MEXC, and Uniswap. And with this new bridge? Heh, there's definitely more to come.
These three boast the highest trading volumes, but hey, if you’re feeling adventurous, swing by the Alephium Markets page on CoinGecko to find an exchange that fits your style.
Load up your bag, and let’s roll.
Step 3: Dive into THICC Gains on Alephium
Welcome to the playhouse- where DeFi on Alephium pops off like a champagne cork at a high roller's party. Check out the slick moves you can pull:
Liquidity Pools (LP Yields): Slide your assets into Alephium’s liquidity pools and watch them multiply like rabbits in the spring. The best way to get fatter stack is to get in early. You know that.
Trading Opportunities: Swap your tokens on Alephium's DEXs with the ease of a seasoned gambler placing his chips. It's smooth, it's fast. The way you wanted.
Memes & More: Despite the normal tradition, this isn't just about cold hard cash; here in Alephium it's about the culture, man. Alephium’s ecosystem is dripping with community projects and meme tokens and NFTs that'll have you laughing all the way to the bank. Get in on the ground floor of the next big meme, because here, memes are money.
Allow me to present you with the honor of meeting the divine divas.
AlphPad
The only Alephium launchpad you should give a damn about. Think of it as the VIP lounge for project funding where the community gets to decide who's the next big thing. They've already launched 7 stellar young projects into the stratosphere through Initial Decentralized Offerings (IDOs). If you're looking to drop some serious crypto on the next big IDO, make sure you roll through AlphPad's turf.
AYIN
The original gangster of Alephium's DEX scene. This OG has been around the block and is still dropping beats like it's her first mixtape. Stay tuned to their channels, because every Wednesday until Christmas, they're serving up updates so hot, they could melt your screen. DON’T MISS THIS OUT; this is the holiday gift that keeps on giving.
Elexium Finance
The slick ve33 model that Andre Cronje dropped like a hot track. This place is where you go to swap, stake, and throw your weight around by voting for the pools like you're casting a ballot for the next big thing in crypto town. It's not just finance; it's a full-on financial fiesta. And let me tell you, this is the spot for the most fire APYs you've ever seen. We're talking yields so high; you’ll argue with your shadow about who’s been following who.
Swapa
Also a slick ve33 DEX that's got moves just like Elexium Finance. Here, you can swing, your tokens, (I meant swap. Wait what do you mean it’s the same?) stake your claim, and vote like you're in charge. Plus, if you're feeling entrepreneurial, you can even roll out your own token launch!
CandySwap
Where you're the boss of your trades. This isn't just any DEX; this is a Limit Order dex where you can dictate the price of your token transactions. Want to snag those tokens at a sweet spot price? Done. Partial fills? Gotcha covered. And for those who like to play the market like a symphony, grid trading is on the menu!! Ouuwweeee!
Deadrare
The OG NFT Marketplace on Alephium. Here, you can mint, trade, or launch your own NFT collection like a boss. And let's not forget the cherry on top - they've got this slick reward system with the $DARE token, making every transaction not just a trade, but a step towards your next big win.
AlphagaNFT
The heavyweight champ of NFT marketplaces, where the trading volume flows like champagne at a grand opening. If you thought Deadrare was the only game in town, think again, because Alphaga is where the real players come to flex. And don't forget, they've got the $ALPHAGA token, the golden ticket to VIP perks and exclusive access that'll make you feel like you're part of the elite!
Phoenix Finance
Where the only thing thicker than the gains is the air of competition. Here, we've got hodlALPH, the ultimate game of patience and strategy. It's like a high-stakes staring contest, but instead of blinking, you're holding onto your ALPH for dear life, watching it grow fatter by the second. Launched in the notorious March of 2024, this isn't just a game; it's a lifestyle. Hit up their site, and make sure you don't miss out on the HodlCoin Game Paper—it's the playbook to becoming the last hodler standing.
And, I present to you, The Four Rising Starlets (Top projects to launch in Alephium!)
Invariant Labs - they're the fifth wheel in Alephium's high-octane DEX racetrack, and they've just rolled out something that's gonna have the whole scene talking. The upcoming Concentrated Liquidity AMM DEX (CLAMM for the cool kids), which is already tearing up the testnet like it's nobody's business. This ain't your run-of-the-mill trading platform; this is the future of liquidity, and it’s here to make sure your trades are as concentrated as the hype around it.
AlphBanX - This ain't no bank; it's a decentralized lending playground where you can stack up on AlphBanX Dollars (ABD) by throwing down your Alephium as collateral. And listen up, because their IDO (or ICO for those who've been in the game since dial-up), is about to pop off on AlphPad. Wanna get the inside scoop? Dive into our blog post, "AlphBanX: Behind the Code", and hit up the docs like a pro.
Mined.Fi - the first-ever DePIN to hit the Alephium scene, turning the whole ASIC mining game on its head. This liquid mining platform is like a democracy rave for miners - it decentralizes the mining ops and funnels those sweet, sweet mining rewards right into your pocket through vaults. Want the lowdown on how to get in on this action? Slide over to their docs and let the enlightenment begin. You can also dive into our blog post "Behind The Code EP10: MinedFi" for more intensive research.
Linx Labs - Linx Labs is heating up the Alephium DeFi scene with a platform for trading, lending, earning, and spending. Their P2P Swaps feature is live, allowing easy coin and token trades. Next up is their P2P Lending Protocol, under audit, offering lending with or without liquidation. Soon, they’ll launch a lending protocol dubbed the ‘AAVE of Alephium’, letting you borrow against assets using Alephium’s smart contracts. Soon, you can also manage everything with the Linx Wallet, supporting ALPH, for loans, gas-free transactions, and a DEX aggregator for the best swap rates. Plus, a physical crypto card will let you spend your digital assets in real life. Sheesh! Check them out at linxlabs.org.
Alright, boss, you’ve got the tools, the moves, and the mindset. Now it’s time to flex your ALPH and make those plays. Whether you’re stacking, staking, or just vibing with the meme game, the Alephium ecosystem is your new stomping ground.
You know the drill, this isn’t just about trading—it’s about making power moves, earning THICC rewards, and keeping your swag on point. So, saddle up, stay sharp, and let’s ride this wave straight to the moon.
Catch you at the top, champ. Stay slick, keep on stacking.
Disclaimer:
Listen up, you glorious band of crypto gamblers, because this is the part where we get all serious for a hot second. What you've just read was just some juicy info, not your golden ticket to Lambo land. (Although it might have been!!)
Now, here's the deal:
This isn't financial advice. If you're looking for that, maybe go find some dude in a suit who charges by the hour and doesn’t cuss from time to time.
Got questions about where to stash your cash? Talk to a real financial wizard, not me. I’m here for the memes and moonshots.
I’m definitely not promising you'll strike it rich with this info. Hell, I’m not promising anything at all except maybe some laughs.
Before you YOLO your life savings into the next shiny token, do your own damn homework. I mean it!!
If the market decides to take a dump and you end up crying over your lost ALPH, remember: I told you so. I’m not your safety net, and use what’s inside that helmet. And the ticker is $ALPH!!
Crypto's wild, unpredictable, and it loves to keep you on your toes. It's like a roller coaster, but you're blindfolded and the tracks might not be finished yet!
So, fck it, enjoy the ride, but for the love of Cheng and Satoshi, don't bet the farm on what you read here. Past gains? They're just history, and history's full of tales where the hero didn't always win. (Matter of fact, most heroes you know are all dead.) Now, go forth, tread carefully, and maybe, just maybe, you'll come out the other side not just richer, but wiser.
Subscribe to my newsletter
Read articles from Mowreez directly inside your inbox. Subscribe to the newsletter, and don't miss out.
Written by
Mowreez
Mowreez
Your friendly ALPH neighborhood.