BSKT Incentives

Forty-four (44%) of ALVA’s total supply has been designated to incentivize participation in platform-minted BSKT tokens, and to foster a competitive sentiment within the protocol in order to drive progress. A total of eighty-eight million (88,000,000) ALVA will be awarded to the BSKT pools. ALVA emissions are distributed on a weekly basis, following the gauge weight voting event. These emissions go directly and proportionately to the LP holders of the BSKTs based on the distribution of votes and each user's LP holdings.

In year 1, a total of 40,163.17 ALVA will be distributed weekly, split between the Alpha BSKTs according to the number of weekly votes given to each basket - this is known as gauge weight voting.

Each year, on the anniversary of the first rewards distribution, the annual inflation rate will reduce by 16.6% of the previous year’s total distribution. The reward supply will therefore be exhausted during the 31st year following platform launch, however according to the schedule over 50% will have vested by year 4, and over 80% by year 9.