Question 1

What is ALPA?

Accepted Answer

ALPA is a utility token associated with the Alpaca City alpaca NFT and DeFi ecosystem. It should be understood alongside NFT breeding and historical staking arrangements in the project ecosystem, rather than inferring all of its current functions or on-chain versions solely from the token name.

Question 2

What changed in the original ALPA staking arrangement?

Accepted Answer

In 2020, the project announced that it would discontinue the original ALPA staking rewards. What stopped was the mechanism for new staking rewards; this did not mean that staked tokens or rewards already earned were forfeited: the announcement also stated that both assets could still be withdrawn.

Question 3

Why were ALPA staking rewards discontinued?

Accepted Answer

The same announcement stated that one purpose of ending staking rewards was to prevent large token holders from receiving greater alpaca breeding-fee discounts through staking. In other words, the adjustment changed the incentive relationship between breeding-fee benefits and the amount of ALPA staked, rather than a network consensus reward in the general sense.

Question 4

How do breeding fees affect ALPA circulation?

Accepted Answer

Under the 2020 arrangement, breeding alpaca NFTs generated breeding fees, 90% of which were transferred to a dedicated contract controlled by no one. This linked breeding activity to changes in ALPA circulation: after fees entered that contract, they no longer participated in ordinary circulation.

Question 5

Why was ALPA not burned directly?

Accepted Answer

The announcement used a transfer to a dedicated contract controlled by no one because the ALPA contract did not support direct burning or direct transfers to the zero address. Here, the dedicated contract served to remove tokens from ordinary circulation; this is not the same technical path as a direct burn through a burn function natively provided by the token contract.

Question 6

Can ALPA transferred to the dedicated contract be retrieved?

Accepted Answer

According to the project announcement, the dedicated contract is controlled by no one, and ALPA transferred into it cannot be retrieved through ordinary means. Therefore, “removed from circulation” here does not mean that token balances disappear from the blockchain; it means that balances are placed in a contract with no ordinary controller able to withdraw them and are no longer used as freely transferable tokens.

Question 7

What is the relationship between alpaca NFTs and ALPA?

Accepted Answer

The connection between alpaca NFTs and ALPA is reflected in the handling of breeding fees: the project transferred part of the fees generated by breeding activity to the dedicated contract as described above. NFT breeding was therefore not merely an independent game activity; it was once a mechanism through which the amount of ALPA in ordinary circulation could be affected.

Question 8

What does “removed from circulation” mean?

Accepted Answer

“Removed from circulation” describes tokens that no longer participate in market circulation as ordinarily freely usable balances. Here, this results from tokens being transferred to a dedicated contract controlled by no one; it should not be confused with a verified permanent reduction in total supply, because the two depend on different contracts and supply-accounting methods.

Question 9

What BSC information about ALPA did the project publish?

Accepted Answer

In a BSC-related announcement, the project disclosed the ALPA contract address as 0xc5e6689c9c8b02be7c49912ef19e79cf24977f03 and described ALPA as a token that could circulate and be transferred on BSC. This is BSC information disclosed in that historical announcement and is insufficient on its own to prove that it is the sole official ALPA version across all times and all networks.

Question 10

What is the BSC version of ALPA?

Accepted Answer

BSC is short for Binance Smart Chain. When the project announced the BSC version, it stated that ALPA could circulate and be transferred on that network; this describes the project arrangement at the time of the announcement and should not automatically be extrapolated to mean that all wallets, markets, or applications currently support the same functions.

Question 11

What did the 2020 mechanism adjustment change?

Accepted Answer

Ending staking rewards and handling breeding fees were two parts of the same mechanism adjustment: the former removed the link between staking size and higher breeding-fee discounts, while the latter transferred 90% of breeding fees to a contract controlled by no one. Together, they changed user incentives and the token-circulation path related to breeding.

Question 12

What can and cannot these historical announcements establish?

Accepted Answer

When reviewing historical ALPA information, distinguish facts announced by the project at that time from its current availability. These materials support the 2020 staking and breeding-fee arrangements, as well as the BSC contract information announced at the time; by themselves, they do not prove the current total supply, current circulating supply, or current product functions.

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