Alpaca Finance - the largest lending protocol to maximize leveraged profitability on Binance Smart Chain. It helps lenders to get safe and stable returns and offers borrowers undersecured loans for leveraged farming.
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Description of Alpaca Finance
Profitable farming - an innovative DeFi concept , where users place bets or diminish their crypto assets for profit.
Alpaca Finance allows you to generate income from your underlying assets by depositing them in our vaults. These assets are offered for profit by farmers for using their positions. To add your assets to our vaults, follow these steps:
| 1 | Go to the Alpaca Finance Lend page. |
| 2 | Connect to a Web3 wallet (like MetaMask) and make sure your network is set to Binance Smart Chain. |
| 3 | Select the desired pool of deposits. The project currently supports two underlying assets - BNB and BUSD. |
Then click on the "Deposit" button and start the game.
How to work on a project?
As a user, you can participate in Alpaca Finance in three different ways:
| Creditor | You can make a safe and stable profit on your underlying assets by placing them in credit vaults. These assets are offered to farmers to increase their positions. |
| Farmer, cultivating crops | You can borrow underlying assets from credit vaults, which allows you to open a position for leveraged farmers. Of course, this higher rate of return comes with greater risks than lending: liquidation, volatile loss, and more. |
| Liquidator | Monitors a pool of leveraged subsea farming positions and disposes of them. |
The project supports the following underlying assets: BNB, BUSD, ETH, ALPACA and will add BTCB soon. Alpaca Finance applies strategies that work to achieve the highest possible yield for farmers. Here are some of the key usability features:
- flexible deposit options - the vault optimally converts your deposited assets and borrowed BNB or BUSD to get an equal split of value to provide a pool of liquidity for agriculture;
- auto bid - the code automatically bets LP tokens for you on the platform of your choice.
What's more, continuous automatic addition - the bot automatically sells your rewards every 30 minutes, converts them into LP tokens for the pool you are farming, and combines them into your farming principle so you can maximize your APY. Receive ALPACA awards anytime. By simply opening a leveraged crop position, you will receive bonus ALPACA rewards, which you can claim anytime on the betting page.
Additional information
At the moment, White Paper and RoadMap are not on the site. The developers provide only a small description and essence of the game. If you want to stay up to date with all innovations, subscribe to the community on these social networks: