Tokenomics
Last updated
Last updated
FOLO is Alpha Impact's deflationary utility token that powers the social trading ecosystem.
FOLO token smart contract addresses:
Ethereum network - FOLO: 0xB2a63A5Dd36C91eC2DA59B188ff047F66fac122a
Polygon network - FOLO (PoS): 0xeF205F99bD869e74b16050199d54327a0eCd343D
FOLO token has clear utility within the system that meets the needs of everyone.
Monetized Traders may earn FOLO tokens when user subscribes to them to view their real-time portfolio analytics.
Upon subscribing to traders by , subscribers will be able to unlock deeper insights of the traders' portfolios and receive real-time trade signals.
FOLO tokens can be used to boost one's post on Alpha Impact's social feed, extending & expanding its reach to the rest of the community for a longer period of time.
Generate passive income from trading profits by auto-copying Traders, which is a feature unlocked for users who are subscribed to Traders.
Users may use FOLO to tip Traders who share insightful trading strategies/content on the platform, thus incentivizing quality content creation and foster a supportive community.
FOLO had an initial maximum supply of 424,128,123 and a current total supply of 408,000,000 after the most recent burn event. Supply can only be decreased and new FOLO tokens can never be minted.
FOLO token employs a deflationary model, ensuring its scarcity and value appreciation over time. With regular burns of 1 million FOLO per month being done via a smart contract burn function, a portion of the circulating supply is systematically removed from circulation, reducing overall token supply. This process helps maintain a healthy balance between supply and demand, enhancing the token's value.
Whenever a burn is completed, an official announcement is made on Alpha Impact that specifies the amount of FOLO tokens that were burned, together with a link to the transaction on Etherscan.
Burn Transaction History:
424,128,123
04/12/2023
4,128,123
420,000,000
04/03/2024
3,000,000
417,000,000
04/06/2024
3,000,000
414,000,000
04/09/2024
3,000,000
411,000,000
04/12/2024
3,000,000
408,000,000
04/03/2025
Next Burn
3,000,000
405,000,000
Alpha Impact's Token Value Capture that encompasses its Subscription & Revenue Sharing models.
Traders can set a monthly subscription fee in either USDT or FOLO to unlock their trade signals, private announcements and automatic copy trading capabilities.
Subscription fee earnings are sharing between the lead trader and Alpha Impact via platform fees.
The default platform fee on Alpha Impact is set at 50% when Trader's subscription fee is set to be denominated in USDT (Tether), and 30% when denominated in FOLO.
All the platform fees collected from Individual Subscription will be collected and utilized by Alpha Impact to support:
Treasury Management
Insurance Fund
Alpha Impact plans to implement a Multiplier Mechanism that enhances Traders' Revenue Share Ratio (RSR) by reducing the Default Platform Fee through incorporating various multiplier factors, ultimately helping them to retain a larger portion of their subscription revenue.
These multiplier factors are aimed at incentivizing Traders who:
Exhibit Strong Trading Behavior
Enhance Token Utility
Actively foster community engagement
Exhibition of Strong Trading Behavior
Ranked as Top 3 on on Discover page (2%)
Ranked as Top 3 on Risk Master leaderboard on Discover page (2%)
High Trade Volume
Without Copier (1%)
With Copier's Trade Volume (2%)
Enhancement of Token Utility
In-App Staking of FOLO (1% ~ 5% depending on staked amount)
Opt in to receive Monetization Earnings (from Revenue Share Pool) in FOLO (5%)
Subscription payment made in FOLO (1%)
Active Fostering of Community Engagement
High number of Daily Logins on Alpha Impact App (1%)
High Post Engagement from the community e.g. Likes, Comments, Retweets (1%)
Insightful Content Creation e.g. Sharing of Trades, Announcements of Market Insights to Subscribers (1%)
Please be advised that the provided list of multiplier factors is not exhaustive, and Alpha Impact retains the discretion to modify or update the list at any time without prior notice.
For example if, Trader A meets following multiplier factors:
Ranked as Top 3 Trader under Binance Spot Performance category: 2%
High Trade Volume (Without Copier): 1%
Opted in to receive Monetization Earnings from RSP in FOLO: 5%
High number of Daily Logins on Alpha Impact App: 1%
Trader A's RSR is 2 + 1 + 5 + 1 = 9 %
Trader A's subscription payment asset is FOLO, hence default revenue share for the trader is 70%.
Hence, after the RSR multiplier is applied, the total revenue that Trader A will receive 79%
In this way, the Multiplier Mechanism incentivizes traders to actively participate, contribute positively, and ultimately benefit from their involvement in the Alpha Impact ecosystem by earning a larger share of their revenue generated.
We had planned that the following allocation best reflects our principles and establishes a balanced framework for all token allocation categories.
Alpha Impact implements vesting practices to ensure responsible token distribution and prevent sudden dumping of the token. This means that allocated FOLO tokens are subject to a gradual release schedule, as depicted in the chart below, based on the individual token allocation type.
As of January 2025, here is a breakdown of key wallets, vesting detail and disbursements.
By and large, while most wallets are either fully vested or nearly fully vested, only a fraction of the vested tokens have been disbursed, traded and influence the market price. We have deliberately taken measures to significantly limit the effective circulating supply compared to the planned/unlocked distribution. This approach creates greater scarcity of tokens in the market, enhancing their value through demand and supply dynamics.
The only exceptions are the private sale and public sale wallets which have been fully disbursed since 2022 Dec.
Private Sale
59,609,218
(14.05%)
Fully vested in 2022 Dec
59,609,218
(14.05%)
Only high conviction holders remaining
0x4f75A8783168F92d18d450C6e8f5286726461d50
Liquidity Providers
127,238,437
(30%)
1 Week Cliff, Excess Burned 1M / month
12,237,581
(2.89%)
Staking Rewards,
Yield Farm LP,
Periodic Burns
0x7feDa82e3d6067735cDbC6CFEE689b644C0D685C
Treasury & AMM
63,619,219
(15%)
Fully vested
4,858,627
(1.15%)
Initial DEX LP, Market Making and ad hoc rewards
0x63AbfCaD4258D7dA2b261f12A13c5266643EFe09
Public Sale with IDO
4,010,000
(0.95%)
Fully unlocked on TGE (Token Generation Event)
4,010,000
(0.95%)
Unlocked at June 2021
0xb8e63cb1e3e5595b8b4d64c6e6020015643e1062
General Partners & Advisors
25,447,687
(6%)
3 month cliff, 1/48th vesting each month thereafter from months 3-51
2,263,142
(0.53%)
Restricted disbursements to key individuals and partners.
0xe59479691D29d5d7aa844b212bf5f92f983fb91c
Core team
32,682,750
(8%)
3 month cliff, 1/48th vesting each month thereafter from months 3-51
1,247,500
(0.29%)
Founders in duty have not drawn any tokens.
Core team members typically received performance based distributions at yearly intervals.
0x00D773534a648b1EF64Cf7fcc1306201e0d70F92
Technology & ops
33,930,250
(8%)
3 month cliff, 1/48th vesting each month thereafter from months 3-51
0
Not used yet.
Split wallet from combined Team pool in Jan 2025.
0xb8E865e27176fd41D0530A0b5A3CD6385952ca1e
Partnerships & Listing
38,171,531
(9%)
Fully vested
0
Not used yet.
Split wallet from combined "Treasury / AMM" pool in Jan 2025.
0x5Dcd2665EDEcb453dB6f4Affe4D3B975A929ae2F
Community & Grants
38,171,531
(9%)
1 month cliff, 1/48th vesting each month thereafter from months 2-49
0
Not used yet.
Split wallet from combined "GP / Advisor" pool in Jan 2025.
0x07Ca1Eec975469a288Ad352cD44d39cAC00a015C
FOLO on-chain wallets can be viewed in real-time here:
https://app.alphaimpact.fi/mvp/user/AlphaImpactTeam/portfolios
To ensure reliability and security of our FOLO.sol smart contract, we have undergone an in-depth evaluation in order to identify any security issues/errors within the smart contract.
Our most recent smart contract audit records can be found below.
By leveraging on such as in-app staking of FOLO tokens, Traders can get a discount on platform fees which will increase their Revenue Share Ratio (RSR) and thus receive higher revenue from monetization.
Users have the opportunity to strengthen their community standing by acquiring the through the use of FOLO tokens.
