Alien Base Launches Epsilon Analytics with TradingView Integration

Alien Base has transitioned from a fixed 1M ALB allowance to a **Line of Credit (LoC) system** for development funding. **Key Changes:** - Development funding now requires paying an interest rate through the LoC - The new system offers more flexibility while maintaining accountability - Removes direct development funding burden from the DAO **How It Works:** - Emissions for Protocol-Owned Liquidity (POL) are tracked via the LoC - All generated yield automatically goes toward buying back and burning ALB tokens - This mechanism helps return debt while reducing token supply The Line of Credit applies to both POL accumulation and development funding, creating a more sustainable financial structure for the protocol.

**Token Contract Migration Ahead** Morpho is preparing to migrate its token contract to support new tokenomics, pending community approval through an upcoming vote. **Key Details:** - Migration timeline: Expected in a few weeks after vote passes - New contract will be deployed on Ethereum - Users must wrap existing tokens to access onchain voting and delegation - Morpho App will support seamless token wrapping - Legacy MORPHO token will remain but be renamed **What This Means:** - Base bridge integration planned for wrapped tokens - Future rewards distributed as wrapped version on both Ethereum and Base - Onchain governance features enabled for wrapped token holders [Read more about the governance implementation](https://morpho.org)

Alien Base is implementing a **Line of Credit (LoC)** system to track emissions used for accumulating Protocol-Owned Liquidity (POL). **Key Changes:** - All yield generated from POL will be used to **buy back and burn ALB tokens** to repay the debt - Development funding will now operate through a dedicated LoC with an **interest rate requirement** - The LoC system replaces the previous 1M ALB allowance, offering more flexibility while maintaining accountability - This structure removes direct DAO responsibility for development costs The mechanism creates a self-sustaining cycle where protocol revenue directly reduces token supply through buybacks, while keeping development funding separate and accountable through the credit system.

**Major Tokenomics Shift** Alien Base is implementing AIP-5, marking the biggest change to its tokenomics since launch. The protocol is completely phasing out farming as market conditions have made the previous model obsolete. **Key Changes:** - Eliminating farming entirely - Pivoting heavily to Protocol Owned Liquidity (POL) - Focus on accumulating DAO-owned assets and liquidity pools - Making emissions sustainable from day one The team acknowledges that what worked at launch no longer serves the protocol's goals. This pivot represents a fundamental shift in how Alien Base manages liquidity and rewards.

**Design Progress** - New APR calculator iterations underway - Epsilon designs handed over to development team - Final design details being finalized **Tokenomics Update** - First tokenomics draft shared with council and DAO - Team collecting feedback and aligning on next steps - Broader community proposal expected next week to begin governance process The platform continues refining its user experience while advancing its economic model through collaborative governance.