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ALVA
USD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter provides ALVA to USD real-time exchange rates, making it easy to convert Alvara Protocol (ALVA) to United States Dollar (USD). The conversion result is based on real-time data. The conversion result shows that 1 ALVA is currently valued at 0 USD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ALVA is currently valued at 0 USD, which means buying 5 ALVA would cost 0 USD. Similarly, $1 USD can be converted to Infinity ALVA, and $50 USD can be converted to Infinity ALVA, excluding any platform or gas fees.
About Alvara Protocol (ALVA)
What Is Alvara Protocol?
Alvara Protocol is a decentralized crypto-fund platform that enables the creation and self-management of tokenized basket funds. By leveraging blockchain technology, it introduces a new approach to investment fund management, allowing for a meritocratic and transparent ecosystem where users can initiate both centralized and decentralized funds. As a first in the industry, Alvara Protocol uses the newly developed ERC-7621 standard to decentralize traditional investment fund processes, facilitating the establishment of a network of tokenized investment funds. This protocol supports the creation of decentralized autonomous organizations (DAOs) to undertake roles in decentralized fund management, thereby fostering a more inclusive and equitable financial landscape.
The Alvara Protocol is designed to accelerate the decentralization of the global economy by making popular financial products, such as mutual funds and ETFs (exchange-traded funds), accessible on the blockchain. With its built-in leaderboard, automatic BTS (Basket Token Standard) minting factory, and cross-chain capability, Alvara provides critical infrastructure for mass user interaction with ERC-7621 technology. This platform stands out by making tokenized investment funds a viable option for diversifying capital allocation across numerous assets within the same wrapper, aiming to bridge the gap between traditional finance and decentralized finance (DeFi).
Resources
Official Documents:
https://www.alvaraprotocol.io/Alvara_Protocol_White_Paper.pdf
Official Website:
https://www.alvaraprotocol.io/
How Does Alvara Protocol Work?
At its core, Alvara Protocol simplifies the creation and management of decentralized investment funds. Through its BTS Factory, users can design and deploy their tokenized funds using the ERC-7621 Basket Token Standard, enabling a wide range of assets to be bundled into a single fund token. This process is made accessible via a user-friendly interface that connects with web3 wallets like MetaMask or Trust Wallet. Fund creators can add an array of tokenized assets, including cryptocurrencies and any other asset available on supported EVM blockchains, into their fund with a minimum initial investment. This inclusivity and flexibility provide an unparalleled opportunity for fund managers and investors to explore within the DeFi space.
Moreover, the Alvara Protocol enhances liquidity and earnings potential through its orderbook DEX, HiveX, allowing fund managers and their DAOs to transform investment funds into tokenized ETFs. HiveX uses decentralized liquidity pools, rewarding both the fund manager and liquidity providers with a share of trading fees. This mechanism not only incentivizes participation but also promotes a healthy, liquid market for fund tokens. Additionally, the protocol’s governance model is driven by the Alvara DAO, powered by the veALVA governance token. Stakeholders can use veALVA to vote on proposed changes, directing the flow of ALVA rewards to popular funds and nominating their balance to a fund of their choice, thereby democratizing fund management and reward distribution.
What Is ALVA Token?
ALVA is the native utility token of the Alvara Protocol, playing a pivotal role in its ecosystem. It is an ERC-20 token with multiple functions including access to voting power in the Alvara DAO, staking rewards, and being a compulsory component of every BTS minted on the platform. The inclusion of ALVA in every fund with a minimum weighting ensures a deflationary pressure on the token supply, as a portion of ALVA is removed from the circulating supply with each new fund creation. This mechanism not only supports the protocol's governance and operational functionalities but also creates buying pressure, potentially leading to an appreciation in the token's value over time. ALVA has a total supply of 200 million tokens.
What Determines Alvara Protocol’s Price?
The price of Alvara Protocol token (ALVA) is influenced by several key factors common in the cryptocurrency market, making it a subject of interest for those engaged in
cryptocurrency analysis and looking for the best crypto investment for 2024 and beyond. Fundamental to its valuation are supply and demand dynamics, driven by the token's utility within the Alvara ecosystem, its adoption rate, and the overall market sentiment towards blockchain and Web3 technologies. Regulatory changes, security updates, and the latest developments within the Alvara Protocol can also sway investor confidence, thus impacting ALVA's price. Furthermore, the broader cryptocurrency trends and the reaction of the market to the latest news surrounding blockchain innovations play a crucial role in shaping the price trajectory of ALVA.
Market volatility, a hallmark of cryptocurrency risks, significantly affects ALVA's price movements, as seen in cryptocurrency charts and price predictions. Investors and enthusiasts closely monitor cryptocurrency price predictions to gauge future performance, keeping an eye on factors such as cryptocurrency regulation, security concerns, and the rate of cryptocurrency adoption globally. The anticipation of new features or partnerships announced by the Alvara team could lead to speculative trading, further emphasizing the importance of staying updated with the latest developments. By understanding these factors, those interested in Alvara Protocol can make more informed decisions, navigating the complexities of the cryptocurrency market with greater confidence.
For those interested in investing or trading Alvara Protocol, one might wonder: Where to buy ALVA? You can purchase ALVA on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.
Alvara Protocol to USD conversion rate trend
The price of Alvara Protocol has not been updated or has stopped updating. Information on this page is for reference only.
Start by learning the basics of Alvara Protocol: What is Alvara Protocol and how does Alvara Protocol work？
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10 BTC
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50 BTC
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100 BTC
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500 BTC
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1000 BTC
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1USD0.{4}1066 BTC
5USD0.{4}5330 BTC
10USD0.0001066 BTC
50USD0.0005330 BTC
100USD0.001066 BTC
500USD0.005330 BTC
1000USD0.01066 BTC
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ETH to USD
Amount
28/04/2025 01:33 today
0.5 ETH
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1 ETH
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5 ETH
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10 ETH
$17,941
50 ETH
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100 ETH
$179,409.99
500 ETH
$897,049.95
1000 ETH
$1,794,099.9
USD to ETH
Amount28/04/2025 01:33 today
0.5USD0.0002787 ETH
1USD0.0005574 ETH
5USD0.002787 ETH
10USD0.005574 ETH
50USD0.02787 ETH
100USD0.05574 ETH
500USD0.2787 ETH
1000USD0.5574 ETH
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ETH to MXN
Mexican Peso
Mex$35,038.59ETH to GTQGuatemalan Quetzal
Q13,817.08ETH to CLPChilean Peso
CLP$1,677,393.7ETH to UGXUgandan Shilling
Sh6,576,431.78ETH to HNLHonduran Lempira
L46,287.78ETH to ZARSouth African Rand
R33,555.95ETH to TNDTunisian Dinar
د.ت5,375.12ETH to IQDIraqi Dinar
ع.د2,350,270.87ETH to TWDNew Taiwan Dollar
NT$58,369.25ETH to RSDSerbian Dinar
дин.185,234ETH to DOPDominican Peso
RD$106,260.77ETH to MYRMalaysian Ringgit
RM7,847.39ETH to GELGeorgian Lari
₾4,911.35ETH to UYUUruguayan Peso
$75,093.31ETH to MADMoroccan Dirham
د.م.16,604.39ETH to OMROmani Rial
ر.ع.689.83ETH to AZNAzerbaijani Manat
₼3,049.97ETH to KESKenyan Shilling
Sh232,066.82ETH to SEKSwedish Krona
kr17,430.94ETH to UAHUkrainian Hryvnia
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