$ALPACA token is the native utility and governance token of Alpaca Finance, a leading leveraged yield farming protocol on the BNB Chain and Fantom. It plays a vital role in ecosystem operations, allowing holders to participate in governance decisions and earn rewards through staking and farming. By enabling undercollateralized loans for yield farming, Alpaca Finance maximizes capital efficiency while maintaining security. ALPACA holders benefit from protocol profits, which are used for token buybacks and burns, enhancing scarcity and value. As DeFi adoption grows, ALPACA positions itself as a cornerstone asset in decentralized financial services. Always research before investing.
