Alpha Homora is a leveraged yield farming and leveraged liquidity providing protocol launched on Ethereum mainnet.
ETH lenders can earn high interest on ETH. The lending interest rate comes from leveraged yield farmers/liquidity providers borrowing these ETH to yield farm/provide liquidity.
Yield farmers can get even higher farming APY and trading fees APY from taking on leveraged yield farming positions. By taking leverage, Alpha Homora would borrow ETH on users' behalf to yield farm.
Liquidity providers can get even higher trading fees APY from taking on leveraged liquidity providing positions. By taking leverage, Alpha Homora would borrow ETH on users' behalf to provide liquidity.