$ALLOY - HyperAlloy

A yield farm token with serious inflation controls.

$ALLOY is the native token of The Asteroid Field and Mech Workshop. It can be purchased on the market or earned as a reward on the yield farm. $ALLOY can also be converted to HyperMECH to earn more $ALLOY as well as additional tokens simultaneously.

Emission Rate: 3.14 $ALLOY per block

Burn Strategies:

There are two automatic buy-back and burn features to help control supply:

  • 1% of LP deposits in The Asteroid Field are used to buy back and burn $ALLOY

  • 0.1% of trade fees on HyperSwap are used to buy back and burn $ALLOY

There are more use cases for $ALLOY planned for the future.

The Buyback

There are a rich set of buy back mechanisms (and increasing!) , which creates a constant buy pressure for $ALLOY:

  • Swap fees : HyperJump AMM: 0.1% , use for buying back $ALLOY

  • Third-Party Vault Yield Performance Fees (taken off profit) - 4%

    • 2.5% buys back and burn of $ALLOY

    • 1% buys back $HYPR

    • 0.5% call fee