Powfi's xALPH staking campaign launched alongside Powfi mainnet on September 22, 2026.
This campaign has been designed to efficiently and sustainably reward $ALPH holders who stake through Powfi and receive xALPH.
In this guide, we’ll cover exactly how the campaign works, what xALPH is, and what to expect as an ALPH staker.
What is the Staking Campaign?
The staking campaign aims to bootstrap participation in Powfi's liquid staking layer, and the premise is quite simple:
- Stakers who deposit $ALPH through Powfi will receive xALPH and earn staking rewards as a result.
The opening campaign has been named “Round 0”, with future rounds planned to follow. Monthly campaign re-evaluations are scheduled, with the goal being to balance attractive incentives for stakers with sustainable emissions over time.
The Target and How Rewards Work
The initial TVL target is 20.5 million ALPH staked, approximately ~15% of circulating supply. We believe that this is very achievable as a Round 0 target. A reward allocation has been set at a level equivalent to 5% APR at that participation level.
Importantly, this 5% figure is not a fixed APR. The same reward allocation is distributed across all staked ALPH, so, if total staked ALPH remains below the 20.5 million target, that allocation is shared across less capital. That equates to a situation where early stakers can earn a significantly higher APR than the 5% target rate. In short, first come, first serve.
Note: The targets published represent targets, not guaranteed returns.
What is xALPH?
When you stake ALPH through Powfi, your ALPH is locked in the staking system and xALPH is minted to represent your staked position. This xALPH is immediately shown in your wallet.
At launch, 1 xALPH = 1 ALPH. Over time, staking rewards accumulate to the underlying staked ALPH, increasing the amount of ALPH represented by each xALPH.
xALPH does not replace ALPH. Instead, it is a liquid representation of your staked position that can remain usable while the underlying ALPH stays locked.
Current xALPH can be used in Powfi's ALPH/xALPH pool, with further integrations across the Alephium ecosystem to follow.
Unstaking
The official unstaking process on Powfi has a 30-day unlock period. For some, that’s too long to wait, so there is an alternative option for a quicker exit. xALPH can be swapped for ALPH through Powfi's DEX, though this is subject to market price, available liquidity, and slippage.
How to Participate
- Go to powfi.alephium.org and connect your Alephium wallet
- Navigate to the Staking section
- Enter the amount of ALPH you want to stake
- Review the staking APR and confirm the details
- Click Stake and approve the transaction in your wallet
- Once confirmed, xALPH is minted to your wallet representing your staked position
Important: Make sure to keep some ALPH available in your wallet for 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 x USDT farming 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
