CONFIDENTIAL
Founding Liquidity
Provider Program
Ground-floor economics in the only ratified basket token standard. You're a creator and capital partner — build baskets, deploy TVL, earn fees.
ERC-7621
Ratified Standard
WHY NOW
The best LP terms exist before product-market fit – not after.
The Pattern
Uniswap LPs who provided liquidity in 2019 earned fee shares that later participants never accessed. Aave's early depositors got protocol tokens at cents. Every DeFi protocol rewards earliest capital the most.
50% fee share won't last forever.
What's Different Here
ERC-7621 is the only ratified Ethereum standard for basket tokens. There is no competing standard. JPMorgan, BlackRock, and WisdomTree are building tokenized portfolio products. The infrastructure layer is being decided now.
You're not late. The market hasn't started.
WHAT IS ALVARA
The infrastructure layer for on-chain fund management.
🧊 ERC-7621 Standard
The only ratified Ethereum standard for basket tokens. Tokenized multi-asset portfolios with ERC-20 receipt tokens. Co-authored with EF recognition.
💼 BSKT Lab
Create, manage, and invest in baskets. Launch an on-chain fund in minutes. 119 baskets created on mainnet to date.
💰 Fee Model
0.5% on basket creation, contributions, and withdrawals for baskets with ≥5% ALVA. 2% for baskets under 5%. All fees verifiable on-chain.
🌐 Multi-Chain
Deployed on Ethereum, Base, and Avalanche. Audited by Adevar Labs, CertiK, Quill, and SolidProof. Live since August 2025.
ON-CHAIN PROOF
The fee model works. It needs capital.
Alvara has generated organic protocol revenue across 7 months on mainnet — with zero marketing spend, no LP incentives, and no growth programme. Every fee event is verifiable on-chain.
Critical infrastructure upgrade (1inch DEX routing) completed February 2026. Prior activity reflects limited platform functionality, not limited demand. The platform is now ready to scale.
3 Chains
Ethereum · Base · Avalanche
Full fee data verifiable at fee collector 0x14Ebe90…691CC on Etherscan. Ask us for the full breakdown.
THE FOUNDING LP OFFER
You build the baskets. You deploy the capital. You keep 50% of the fees.
50%
dual fee share
50% of your basket fees directly
+ pro-rata share of all platform fees.
3-year founding term. No capital lock-up.
01You create and manage your own baskets
Your strategy, your constituents, your weightings.
0250% of YOUR basket fees come to you
Every contribution and withdrawal – you keep half.
03Plus a pro-rata share of ALL platform fees
Your TVL weight earns you fees from every other basket.
04No capital lock-up. Withdraw anytime.
Daily TVL snapshots. Monthly fee distributions. More TVL = bigger share.
50/25/25
Creator / LP Pool / Treasury
FEE MECHANICS
How fees are generated, split, and distributed.
Fee Sources
Basket Creation
One-time fee paid by creator on mint
0.5% or 2%
Contributions
Adding assets to existing basket
0.5% or 2%
Withdrawals
Removing assets from basket
0.5% or 2%
≥5% ALVA = 0.5% | <5% ALVA = 2%
Fee Distribution
50%
Basket Creator
Direct to the LP who built this basket
25%
LP Pool (Pro-Rata)
Shared across all Founding LPs by TVL weight
25%
Alvara Treasury
Development, operations, growth
Per-transaction fees (not AUM-based) align protocol revenue with basket activity, not idle capital. 0.5% compares favourably to TradFi fund entry/exit fees (typically 1–3%) and is below most structured product wrappers. The ALVA threshold incentivises ecosystem alignment while the 2% tier captures non-aligned usage.
ALVA ≥5% rule: measured on-chain at each transaction. If a basket's ALVA weighting falls below 5%, the higher fee tier applies automatically until rebalanced. No admin override.
LP ECONOMICS
Three return layers. Fee yield is the floor, not the ceiling.
LIVE NOW
Protocol Fee Share
50% of your basket fees + 25% pro-rata LP pool. Fee accrual starts the moment you deploy TVL. On-chain, verifiable, already generating revenue.
3–22%+
NEXT UNLOCK
Yield-Bearing Baskets
Baskets holding wstETH, sUSDe, and ERC-4626 vault tokens earn native yield on top of fee share. Requires DEX liquidity seeding – a key role for Founding LPs.
+3–8%
VENTURE UPSIDE
ALVA Token Allocation
Founding LPs share 5% of ALVA supply, distributed pro-rata by TVL weight. 12-month cliff, 2-year linear vest. When ERC-7621 becomes the standard for tokenized funds, this is venture-scale upside.
Venture
Founding LP Fee Yield
Fixed $250K position · 50% creator + pro-rata pool
Conservative: 8x vol/TVL · 0.5% fee · no secondary market
| Platform TVL | Your % | Total Fees | Your Share | Yield |
|---|
| $5M | 5% | $200K | $7.5K | 3.0% |
| $25M | 1% | $1M | $11.3K | 4.5% |
| $100M | 0.25% | $4M | $15K | 6.0% |
With secondary markets: 20x vol/TVL · 0.75% blended · arb-driven
| Platform TVL | Your % | Total Fees | Your Share | Yield |
|---|
| $5M | 5% | $750K | $28.1K | 11.3% |
| $25M | 1% | $3.75M | $42.2K | 16.9% |
| $100M | 0.25% | $15M | $56.3K | 22.5% |
+ underlying yield + token upside
Arb volume driven by basket NAV vs DEX price discrepancies — the same mechanism behind ETF market making. Your 50% creator rate is 2.5x what later LPs receive.
Assumptions: 0.5% fee (conservative) / 0.75% blended (with 2% non-ALVA baskets). Vol/TVL benchmarked against comparable DeFi protocols. Illustrative only.
ALVA TOKEN ALLOCATION
5% of ALVA supply. Exclusive to Founding LPs. Never repeated.
015% of total ALVA supply from existing treasury
Fixed pool. Split pro-rata by TVL-months across all Founding LPs.
02Daily TVL snapshots from May 1, 2026
The clock starts May 1 regardless of when you join. Every day you're not deployed dilutes your share.
0312-month cliff, 2-year linear vest
Maintain liquidity for 12 months to qualify. Tokens vest monthly over 24 months after cliff. Fully vested at month 36.
04Cohort closes at $25M TVL
This allocation is exclusive to the first cohort and will not be repeated.
Early Mover Multipliers
First LP to deploy
Highest TVL-month weight
2x
LPs 2–5
Early cohort advantage
1.5x
LPs 6+
Standard allocation
1x
Worked example
LP #1 deploys $500K on May 1. Maintains 12 months. With 2x multiplier, their effective TVL-months = 12M (vs 6M without). If total pool TVL-months = 120M, they receive 10% of the 5% allocation = 0.5% of ALVA supply. Vesting begins month 13.
THE GROWTH PATH
Three layers of LP opportunity. Each unlocks the next.
LIVE NOW
Layer 1: Spot Baskets
Create baskets using any tokens tradeable on 1inch-routed DEXs. 119 baskets live. This is where Founding LPs start.
THE ASK
$100K+ TVL in baskets
you build and manage
NEXT PHASE
Layer 2: Yield-Bearing Baskets
Seed DEX liquidity for ERC-4626 vault tokens so 1inch can route. Unlocks yield-bearing baskets – highest demand product.
FULL VISION
Layer 3: BSKT Secondary Markets
List basket receipt tokens on DEXs. Secondary liquidity, NAV arbitrage, full composability.
HOW FOUNDING LPS EARN
Four revenue streams. One position.
50% of Your Basket Fees
Every contribution and withdrawal on your baskets generates a 0.5% fee. You keep 50% directly.
Pro-Rata Platform Fees
Your TVL weight earns a share of the 25% LP pool from every basket on the platform.
Underlying Asset Yield
Yield-bearing tokens (wstETH, sUSDe) pass through native returns on top of fee share.
5% ALVA Supply
Pro-rata token allocation exclusive to Founding LPs. 12-month cliff, 2-year vest. Early multipliers up to 2x.
CREDIBILITY
What's built. What's verifiable. What's real.
ERC-7621 is a ratified Ethereum standard – listed in the official ERCs repository
Smart contracts audited by Adevar Labs, CertiK, Quill, and SolidProof. Platform pentested.
Production contracts live on Ethereum mainnet since August 2025
Deployed on 3 chains: Ethereum, Base, Avalanche
1inch DEX routing integration live — baskets access deep liquidity across all major DEXs
Backed by GDA International, Alpha Transform Holdings, Spirit Blockchain
Team: 10+ years crypto engineering, 25 years TradFi investment direction
Smart money invests in infrastructure before adoption. The fee model works. It needs TVL.
RISKS & SAFEGUARDS
What you should know.
Audited Smart Contracts
Audited by Adevar Labs, CertiK, Quill, and SolidProof. Platform pentested.
Non-Custodial
Your capital stays in baskets you control. Alvara never takes custody.
Early-Stage Protocol
Fee revenue is growing but pre-scale. Infrastructure upgrade completed February 2026. This is a ground-floor position, not a yield product.
Full Transparency
All fees, distributions, and TVL are verifiable on-chain in real time.
Market Risk
Underlying assets are exposed to market movements. Protocol fees are separate from NAV.
NEXT STEPS
1
Due Diligence Call
Review architecture, fee model, audits, and team.
2
Strategy Discussion
Discuss your basket strategy and TVL deployment plan.
3
Founding LP Agreement
Formal terms. Custom structuring for large commitments.
4
Deploy & Earn
Create baskets, deploy TVL. Fee accrual begins on-chain.
Build Baskets. Build Legacy.
Join the Founding LP cohort.
Token accrual starts May 1, 2026
cal@alvara.xyz
alvara.xyz | t.me/callum_mc
Confidential – For Qualified Liquidity Providers Only