Binance Will List Alpaca Finance (ALPACA) and Harvest Finance (FARM) in the Innovation Zone
Announcement from Binance.com
Binance will listing Alpaca Finance (ALPACA) and Harvest Finance (FARM) in the Innovation Zone and will open trading for ALPACA/BTC, ALPACA/BNB, ALPACA/BUSD, ALPACA/USDT, FARM/BTC, FARM/BNB, FARM/BUSD and FARM/USDT trading pairs at 2021-08-11 08:00 AM (UTC).
- Users can now begin depositing ALPACA and FARM in preparation for trading
- Withdrawals for ALPACA and FARM will open at 2021-08-12 08:00 AM (UTC)
Note: The withdrawal open time is an estimated time for customers’ reference. Users can view the precise standing of withdrawals on the withdrawal web page.
ALPACA and FARM Listing Fee: 0 BNB.
What is Alpaca Finance (ALPACA)?
Alpaca Finance is a lending protocol permitting leveraged yield farming on Binance Smart Chain. Borrowed property on Alpaca Finance have for use inside its platform for leveraged yield farming. ALPACA is the native token of the platform and is used for efficiency charge sharing, incomes rewards, community governance and unique NFT entry.
What is Harvest Finance (FARM)?
Harvest Finance is a yield aggregator platform, which seeks to maximise yield for property deposited into Harvest vaults throughout the DeFi ecosystem. FARM is the native token of the protocol and is used for community governance, distributing earnings generated to liquidity suppliers and rewarding customers for staking the token.
The Innovation Zone is a devoted trading zone the place customers are capable of trade new, progressive tokens which are prone to have larger volatility and pose a better threat than different tokens.
ALPACA and FARM are comparatively new tokens that pose a better than regular threat, and as such will probably be topic to excessive price volatility. Please make sure that you train adequate threat administration, have accomplished your personal analysis in regards to ALPACA’s fundamentals, and absolutely perceive the venture earlier than opting to trade the token.
Risk warning: Cryptocurrency trading is topic to excessive market threat. Please make your trades cautiously. Binance will make finest efforts to decide on high-quality cash however is not going to be liable for your trading losses.
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Binance reserves the proper in its sole discretion to amend or change or cancel this announcement at any time and for any causes with out prior discover.