Kingdom Insight

The idea behind the creation of Kingdoms is that the creators (owners) of the Kingdoms will receive a daily return on their investment that will be paid out in $ALORA tokens which are redeemable and sellable. The making of the Kingdoms will help to keep the price of the token stable and have a positive impact on the project’s liquidity pool. This will encourage both the creators of the Kingdom/s and investors to trade $ALORA tokens based on price speculations.

Kingdoms are scarce as they have a cap (TBA)

Kingdoms can be created on the Alora Money platform via the dApp. The user simply connects their Web3 wallet to the platform and converts their desired quantity of tokens to create a Kingdom/s.

The yields are backed by our profits for the Alora Market, so if no new investor money came into the protocol after 2 weeks we would still be able to back your yields with real world utility.

The platform will have three types of tiers for Kingdom creation:

The Bronze tier costs 10 $ALORA tokens and has a return on investment of 1%, paid daily=0.1 Alora tokens

The Silver tier costs 50 $ALORA tokens and has a return on investment of 1.4%, paid daily=0.7 Alora tokens

The Gold tier costs 100 $ALORA tokens and has a return on investment of 1.9%, paid daily=1.9 Alora tokens

Kingdom tiers are upgradeable to higher tiers.

Kingdoms are not sellable at the time being, only the $Alora they reward.