AlpacaFinance

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:

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:

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:

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:

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

Our 215th weekly buyback & burn is completed. 8,888 $ALPACA (~USD 1,800) have been sent to the fire. 🔥

▶️ 133 of the last 139 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.99Mn+ tokens (18.61% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.38Mn

See burn breakdown here:

Our 214th weekly buyback & burn is completed. 188,888 $ALPACA (~USD 41,500) have been sent to the fire. 🔥

▶️ 132 of the last 138 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.98Mn+ tokens (18.61% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.29Mn

See burn breakdown here:

To Alpaca users and holders, unfortunately Binance decided to delist us in the coming weeks. However, please note that you can still trade ALPACA on the following exchanges: https://t.co/Rv5bz9FPG2… (click Markets tab)

Also, please note, our Market Maker had requested more ALPACA from warchest to support today's high volume, but after feedback from the community, we decided not to mint it. 🙏

To Alpaca users and holders, unfortunately Binance decided to delist us in the coming weeks. However, please note that you can still trade ALPACA on the following exchanges: https://t.co/S1IohYWzEz (click Markets tab)

P.S. Due to today's crazy price action, which has been over 1 billion ALPACA volume, our market maker requested we mint additional ALPACA from the warchest to support any users that still want to trade it on Binance during the remaining time. It will be returned to the warchest when the volume dies down. 🙏

Our 213th weekly buyback & burn is completed. 18,888 $ALPACA (~USD 900) have been sent to the fire. 🔥

▶️ 131 of the last 137 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.79Mn+ tokens (18.51% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.29Mn

See burn breakdown here:

Our 212th weekly buyback & burn is completed. 18,888 $ALPACA (~USD 700) have been sent to the fire. 🔥

▶️ 130 of the last 136 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.78Mn+ tokens (18.50% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.29Mn

See burn breakdown here:

Our 211th weekly buyback & burn is completed. 17,888 $ALPACA (~USD 700) have been sent to the fire. 🔥

▶️ 129 of the last 135 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.75Mn+ tokens (18.46% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.29Mn

See burn breakdown here:

Our 210th weekly buyback & burn is completed. 12,888 $ALPACA (~USD 800) have been sent to the fire. 🔥

▶️ 128 of the last 134 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.74Mn+ tokens (18.48% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.28Mn

See burn breakdown here:

Our 209th weekly buyback & burn is completed. 8,888 $ALPACA (~USD 500) have been sent to the fire. 🔥

▶️ 127 of the last 133 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.73Mn+ tokens (18.47% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.28Mn

See burn breakdown here:

On the Binance issue, we're still talking to Binance and our market makers to see what we can do. The market makers have already made some improvements to depth.

However, please do keep in mind that $ALPACA is also listed on https://t.co/hwPnzjzzlz, MEXC, and many other exchanges.

Our 208th weekly buyback & burn is completed. 18,888 $ALPACA (~USD 1.3k) have been sent to the fire. 🔥

▶️ 126 of the last 133 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.70Mn+ tokens (18.47% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.28Mn

See burn breakdown here:

The Alpaca's 4-Year Anniversary Special NFT is now available to claim.

🎉 If you deposited any amount of $USDT on the Alpaca Finance 2.0 Money Market by Wednesday, 5th March 2025, you are eligible for one.

Claim now: https://app.galxe.com/quest/alpacafinance/GCWbpt11mV

#NFT #BNB #DeFi #Anniversary $ALPACA

@CoinMarketCap We would like to register one @alpacafinance.org email to manage Alpaca Finance's self-reporting dashboard on CoinMarketCap.

Our 207th weekly buyback & burn is completed. 20,888 $ALPACA (~USD 1.2k) have been sent to the fire. 🔥

▶️ 125 of the last 132 weeks (~2 years) were deflationary 🔥

▶️ Total cumulative burn is now 34.70Mn+ tokens (18.46% of total supply) 🔥

▶️ Cumulative Revenue Distribution to Users is now ~$4.28Mn

See burn breakdown here:

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.