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Regarding the Binance tag, we've been in contact with them and our market maker to pinpoint the specific issue, and we'll do our best to fix it.
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After extensive internal deliberation and a thorough evaluation of possible paths forward, we have made the incredibly difficult decision to begin sunsetting Alpaca Finance and all of its products. This choice wasn’t made lightly, but we believe it is the most responsible course of action to safeguard our community and ensure a graceful and secure wind-down. Looking back, we’re incredibly proud of what Alpaca Finance achieved. From becoming a top protocol on BNB Chain, to helping define leveraged yield farming in DeFi’s early days, our journey was only made possible by the incredible support of our community. To our users, thank you for believing in us, farming with us, and sticking with us through the highs and lows. If you have any questions on the wind-down process, feel free to reach out to us. Any important updates during the wind-down process will be shared via our official social channels. From all of us at Alpaca Finance — thank you for walking this journey with us. It’s been an honor. Details:
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After extensive internal deliberation and a thorough evaluation of possible paths forward, we have made the incredibly difficult decision to begin sunsetting Alpaca Finance and all of its products. This choice wasn’t made lightly, but we believe it is the most responsible course of action to safeguard our community and ensure a graceful and secure wind-down. Looking back, we’re incredibly proud of what Alpaca Finance achieved. From becoming a top protocol on BNB Chain, to helping define leveraged yield farming in DeFi’s early days, our journey was only made possible by the incredible support of our community. To our users, thank you for believing in us, farming with us, and sticking with us through the highs and lows. If you have any questions on the wind-down process, feel free to reach out to us. Any important updates during the wind-down process will be shared via our official social channels. From all of us at Alpaca Finance — thank you for walking this journey with us. It’s been an honor. Details:
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Our 217th weekly buyback & burn is completed. 8,888 $ALPACA (~USD 1,800) have been sent to the fire. 🔥 ▶️ 133 of the last 141 weeks (~2 years) were deflationary 🔥 ▶️ Total cumulative burn is now 35.02Mn+ tokens (18.63% of total supply) 🔥 ▶️ Cumulative Revenue Distribution to Users is now ~$4.39Mn See burn breakdown here:
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Our 216th weekly buyback & burn is completed. 18,888 $ALPACA (~USD 4,100) have been sent to the fire. 🔥 ▶️ 133 of the last 140 weeks (~2 years) were deflationary 🔥 ▶️ Total cumulative burn is now 35.01Mn+ tokens (18.62% of total supply) 🔥 ▶️ Cumulative Revenue Distribution to Users is now ~$4.38Mn See burn breakdown here:
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Due to low liquidity in the underlying LP pools, we will sunset all the AF1.0 farming pools EXCEPT the Pancakeswap BNB-USDT pool in the next 24 hours. ▶️Active positions will be automatically closed and assets, after paying back loan, returned to positions' owners ▶️This is to safeguard positions' owners and lenders
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