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A Leveraged Yield-Farming Platform on Binance Smart Chain.
+108.12%
0.149USDT
Trade Now
Alpaca Finance is a lending protocol on Binance Smart Chain (BSC) that enables leveraged yield farming. The platform helps users to earn stable yields on their crypto assets and offers undercollateralized loans to borrowers for leveraged yield farming.
ALPACA is the native utility token of the platform and has the following current and future use cases:
Staking: Users can stake ALPACA tokens for interest-bearing ALPACA (ibALPACA). In addition, users may further stake their ibALPACA on the Grazing Range to earn staking rewards paid in other project tokens.
Performance fee sharing: Several mechanisms helps to distribute the platform performance fees and make ALPACA a deflationary token. The performance fees on yield farming vaults are distributed to ALPACA lending depositors, and a proportion of the lending interest goes towards a buyback and burn mechanism of the ALPACA token.
Governance: ALPACA token holders will be able to create improvement proposals and vote on platform governance issues. $ALPACA #xrpetf #BinanceAlphaPoints
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