Utility

Compass

The token's main goal is earning yield in the different protocols using compass, hence it is a utility token. The aim of this approach is to secure a positive price expectation for the token. The token price is however not bound to yields, since these are earned in other tokens, which are then exchanged for ALS at market price.

Liquidity pool

The second use case of ALS is earning rewards for providing liquidity for the main pairs, also earning newly-generated ALS as incentive for early liquidity providers.

Governance

ALS token holders will have the opportunity to shape the future of Alchemis by regularly voting on upcoming features and important decisions. It is a way to reward the community for their trust and ensure the project is heading where users want it.