Alga Finance | Announcements
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Platform for tracking based on index derivatives. Helping to find the fine line between traditional tool & new mechanics!

Our Chat: t.iss.one/algafinance_int
Website: alga.finance/
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The Asset Starter Pack You Needβœ…

The crypto market sure has its complications, so figuring out the right investment naturally takes time and effort. In the case of ALGA, however, our financial analysts have already figured it out for you!🟩

With hours and hours of market research and testing, each and every one of ALGA indexes is balanced for market opportunity and risk, so you are free to kick back, relax, and watch your profits grow.πŸ“ˆ

From Smart Contract to AI, Metaverse, MEME & influencer indexes – it’s opportunities for every taste with the right percentage of stablecoins to avoid putting your portfolio at increased risk.

πŸš€Discover ALGA indexes: alga.finance
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ALGA Index Profitability UpdateπŸ“Š

With market correction in full swing, it’s wise to stick to assets capable of powering through difficult conditions. Given a sharp BTC price fall and over a billion in market outflow, we can say that ALGA indexes are holding on the best they can. Next week’s bets? We suggest to think a few steps ahead!

πŸ‘‡BTC Main: -7.64%
πŸ‘‡ETH Main: -8.7%
πŸ‘‡BTC Combo: -11.5%
πŸ‘‡ETH Combo: -13.9%
βž–Stable Index: 0%
πŸ‘‡ALGA10: -10.06%
πŸ‘‡ALGA5: -9.78%
πŸ‘‡ALGAGPT7: -12.05%
πŸ‘‡Wallet Index: -6.86%
πŸ‘‡DeFi Index: -16.7%
πŸ‘‡DEX Platforms Index: -17.98%
πŸ‘‡AI Index: -16.85%
πŸ‘‡MEMES Index: -18.34%
πŸ‘‡Smart Contract Index: -10.81%
πŸ‘‡PolkaDot Index: -16.43%
πŸ‘‡MetaVerse Index: -16.73%
πŸ‘‡AlgaGS: -10.99%
πŸ‘‡AlgaVE: -9.88%
πŸ‘‡AlgaBR: -10.26%
πŸ‘‡CryptoTiger: -12.67%
πŸ‘‡CryptoStudent: -15.1%

πŸš€Find out more: alga.finance
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ALGA Platform GuidesπŸ™‚

While the ALGA index derivatives platform is easy to wrap your head around, we at ALGA think that extra guidance never hurts!

Our Medium Guides are a selection of step-by-step go-tos – from the basics of understanding the ALGA ecosystem, to in-depth index dives and index buying process instructions – we think we’ve got it all covered!🟩

➑️Need a hand? ALGA Medium Guides are here for you!
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Pip in a Nutshellβœ…

In the financial markets, a pip is a point in percentage – the smallest standard value by which a currency pair can change. For the majority of pairs – a pip is the fourth digit after the decimal point.

Example:
Let’s say EUR/USD is 1.1245 (so for 1 euro you can buy 1.1245 dollars). In this case, a 1-pip increase in the quote to 1.1246 would mean that 1 euro is worth comparatively more dollars.πŸ’²

It’s wise to note that the value of each pip is determined by the currency pair and the trade size in question. A trader’s profit/loss is calculated by multiplying the number of pips that the price went in their favour/against them by the specific pip value.

➑️Pip in decimal places * Trade size in units = Pip value in term currency (in example above - USD)
➑️Pip in decimal places * Trade size in units / exchange rate = Pip value in base currency (in example above - EUR)
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ALGA Index Profitability UpdateπŸ“Š

Market hardships aren’t for the faint-hearted, that’s for sure! Lucky for ALGA investors, however, our indexes are holding on as well as possibly can under the conditions. What will next week bring? Time to place our bets⚑️

πŸ‘‡BTC Main: -14.35%
πŸ‘‡ETH Main: -13.52%
πŸ‘‡BTC Combo: -18.55%
πŸ‘‡ETH Combo: -21.07%
βž–Stable Index: 0%
πŸ‘‡ALGA10: -17.69%
πŸ‘‡ALGA5: -17.87%
πŸ‘‡ALGAGPT7: -19.28%
πŸ‘‡Wallet Index: -17.42%
πŸ‘‡DeFi Index: -23.35%
πŸ‘‡DEX Platforms Index: -27.48%
πŸ‘‡AI Index: -25.23%
πŸ‘‡MEMES Index: -25.87%
πŸ‘‡Smart Contract Index: -15.73%
πŸ‘‡PolkaDot Index: -19.81%
πŸ‘‡MetaVerse Index: -26.18%
πŸ‘‡AlgaGS: -19.1%
πŸ‘‡AlgaVE: -17.96%
πŸ‘‡AlgaBR: -19.07%
πŸ‘‡CryptoTiger: -24.38%
πŸ‘‡CryptoStudent: -22.15%

πŸš€Find out more: alga.finance
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ALGA Q2 ResultsπŸ“£

Time flies when you are hard at work. The second quarter of the year is already behind us and we think it’s time to check in with a fresh update! What have we been up to in Q2?

We have:

βœ… Applied for official moderation of the ALGA app in AppStore & Google Play stores
βœ… Introduced a new, super-quick mechanism for calculating the cost of each index
βœ… Introduced a referral program in the beta version of the ALGA platform – currently testing
βœ… Improved the UX of the ALGA mobile platform
βœ… Prepped indexes with new mechanisms In the alpha version of the ALGA platform
βœ… Added new indexes: AlgaGS, AlgaVE, AlgaBR, KOL CryptoTiger & KOL Cryptostudent
βœ… Began preparing KYC authorization for the platform. Already half way done!

Think this is impressive? We are just getting started! Hello, Q3 & new ALGA achievements!🟩
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πŸ”΄Dark Pools in a NutshellπŸ”΄

Dark pools are private forums or exchanges, where securities are traded among selected financial institutions, exchanges and significant investors. Their main function is to help institutional investors conduct large trades without immediate public exposure.☝️

The anonymity of dark pools helps prevent large orders from influencing market prices adversely. For instance, if an institutional investor needs to sell many shares, doing so in a public exchange could signal to the market that this stock might be overvalued. By concealing the order until it is executed, dark pools mitigate such market impact, helping maintain price stability and asset value. Furthermore, dark pools help manage market risk associated with the time lag in executing large-volume trades.🟩

Nevertheless, the lack of transparency in dark pools raises concern regarding the conflict of interest and true intentions of key market players.
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🟒ALGA Technical Works 🟒

πŸ“£Dear All,

We would like to inform you that we will be conducting some technical works on the ALGA platform later tonight, in order to provide an even smoother experience for our users!

⚠️Please be aware that while these technical works are in progress, the ALGA platform will NOT be operational. The platform will go offline tonight, July 10th, from 00:00-01:00 AM (UTC+3).

Thank you for your understanding.
Your ALGA Team
πŸ’š
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ALGA Index Profitability UpdateπŸ“Š

Looks like the market dip is slowly improving, but it’s still too early to relax. Every decision under current conditions is a major one, so let’s think through every step. Your bets for next week, ladies and gentlemen?

πŸ‘‡BTC Main: -9.35%
πŸ‘‡ETH Main: -6.45%
πŸ‘‡BTC Combo: -11.31%
πŸ‘‡ETH Combo: -10.62%
βž–Stable Index: 0%
πŸ‘‡ALGA10: -10.23%
πŸ‘‡ALGA5: -10.43%
πŸ‘‡ALGAGPT7: -8.46%
πŸ‘‡Wallet Index: -5.42%
πŸ‘‡DeFi Index: -8.97%
πŸ‘‡DEX Platforms Index: -13.41%
πŸ‘‡AI Index: -16.25%
πŸ‘‡MEMES Index: -15.61%
πŸ‘‡Smart Contract Index: -5.58%
πŸ‘‡PolkaDot Index: -9.07%
πŸ‘‡MetaVerse Index: -15.07%
πŸ‘‡AlgaGS: -11.32%
πŸ‘‡AlgaVE: -10.79%
πŸ‘‡AlgaBR: -12.27%
πŸ‘‡CryptoTiger: -14.02%
πŸ‘‡CryptoStudent: -8.5%

πŸš€Find out more: alga.finance
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EBITDAR in a Nutshellβœ…

EBITDAR is the abbreviation for Earnings Before Interest, Taxes, Depreciation, Amortization, and Rent.☝️

EBITDAR is not affected by financing decisions, the tax structure, and non-cash items (e.g. depreciation, amortization), just like EBITDA. However, for EBITDAR, the effects of rent costs and any non-recurring items such as restructuring charges are also removed.

βœ…EBITDAR = EBIT + Rent Costs + Restructuring Charges

This allows for a more accurate comparison when evaluating companies’ performance, and making investment decisions.πŸ’―
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Join ALGA Zealy Campaign!πŸ“£

The ALGA index derivatives platform is more than just numbers. In fact, we know that what matters most are the people. This is why we have come up with an incentive-full Zealy campaign to reward our loyal community members!

If you are just getting started with ALGA – it’s a chance to get to know us better. And if you are with us from the start – why not use your already-extensive knowledge to your benefit!

Pass our daily Zealy quests, get into the Top & reap well-deserved winnings!🟩

πŸ’²Prize Pool:

🟒 $2,975 USDT
🟒 $975 in Tokens

πŸ“†Campaign Dates:

🟒 July 18 - August 18 2024

πŸ†Distribution:

1-10 - $25 USDT + $25 in Tokens

11-25 - $15 USDT + $15 in Tokens

26-50 - $10 USDT + $10 in Tokens

51-100 - $5 USDT + $5 in Tokens

101-500 - $5 USDT

πŸš€Join ALGA Zealy
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