ALPHA Worked Example
A complete $10M ALPHA example separating market cap, $2M Net Reserve, 1.5× leverage, $3M exposure, and allocation.
What is it?
ALPHA is an educational example showing how a BOOST reserve translates net capital into gross exposure and an illustrative revenue waterfall.
Why does it exist?
A worked example makes the difference between market cap, backing, exposure, revenue, and allocation auditable.
How does it work economically?
With a $10 million token market cap, $2 million Net Reserve, and 1.5× leverage, Gross Exposure is $3 million. A hypothetical 10% gross revenue input produces $300,000 before unlisted costs.
Reserve leverage increases productive exposure of the reserve — not the number of tokens held by users. Gross Exposure is not additional backing.
What does the user see?
The example shows every input, multiplication, cost caveat, and 50/30/20 allocation without presenting the result as expected performance.
Worked example
Market Cap$10,000,000
Net Reserve$2,000,000
Reserve ProfileBOOST
Reserve Leverage1.5×
Gross Exposure$3,000,000
Illustrative Gross Revenue$300,000
50% Reserve Compounding$150,000
30% Token Buybacks$90,000
20% Protocol$60,000
Illustrative only. This does not represent expected or guaranteed performance and excludes costs unless stated.
What can go wrong?
The 10% input is illustrative. Real revenue can be lower, zero, or negative; costs and losses can reduce Net Reserve.
Metrics that prove it
Market CapDefinition, source, and current value.—
Net ReserveDefinition, source, and current value.—
Gross ExposureDefinition, source, and current value.—
Reserve LeverageDefinition, source, and current value.—
Illustrative Gross RevenueDefinition, source, and current value.—