ALPH x USDTeth Farming Campaign: Round 0
Powfi's first incentive campaign launched on September 22, 2026, alongside the Powfi mainnet.
This campaign rewards liquidity providers who supply double-sided ALPH and USDTeth liquidity through Powfi's CLMM feature.
In this guide, we’ll go over how the campaign works, what qualifies for rewards, and what you can expect moving forward.
What is the Farming Campaign?
The ALPH x USDTeth farming campaign has been designed to help us bootstrap on-chain liquidity for ALPH's flagship trading pair. Liquidity providers who meet the eligibility criteria can earn additional farming rewards on top of the trading fees their position generates.
We have named and numbered this inaugural campaign as “Round 0”. Future rounds may come after monthly re-evaluations, as the target TVL and reward allocations are adjustable based on actual participation and market conditions. Additional farming pools may also be introduced progressively as the ecosystem grows.
Targets and Rewards
The two key figures at this point are the initial target of $200,000 in liquidity and the reward allocation, which is set at a level equivalent to 15% APY (at that TVL target).
Important for all liquidity providers to understand is that the 15% APY figure is not fixed. The same monthly reward allocation is distributed across all qualifying liquidity in the campaign. If total liquidity remains below the $200,000 target, that allocation is shared across less capital, meaning early liquidity providers can earn a significantly higher APY.
The targets published above represent targets, not guaranteed returns.
Eligibility
To qualify for farming rewards, your ALPH x USDTeth CLMM liquidity position must be:
- Two-sided - you must provide both ALPH and USDTeth (Ethereum-bridged USDT)
- In range - your selected price range must be active around the current market price
A position that goes out of range stops earning farming rewards until the price returns, meaning actively managing your price range is a key part of participating in the CLMM farming campaign.
How to Participate
- Go to powfi.alephium.org and connect your Alephium wallet
- Navigate to the Pools section and select Add Liquidity
- Select the ALPH x USDTeth Concentrated (CLMM) pool
- Choose your price range and deposit amounts
- Confirm the transaction in your wallet
- Once your position is live and in range, it will automatically accrue farming rewards.
Make sure you hold enough ALPH to cover Alephium network fees.
Track the Campaign
The community-built campaign tracker at powfi.notrustverify.ch lets you follow live participation and data for this campaign and the ALPH staking campaign.
This is just the beginning, a new era for DeFi on PoW begins.
Visit the Powfi Docs for more information:
https://docs.alephium.org/powfi/provide-liquidity https://docs.alephium.org/powfi/stake
