Alpaca Finance (ALPACA)

Pioneered by Compound during the DeFi Summer, yield farming on Ethereum has become a widespread method for projects to bootstrap their liquidity and acquire new users. However, as of late, the rising costs of the process have become more and more prohibitive for the majority of people. In fact, Ethereum has become a whale game because the gas fees are just too damn high!
As a result, BNB Chain has experienced an exponential boom in popularity, and in this emerging ecosystem, noticed a gap among the applications offered there compared to other chains such as Ethereum. To be specific, one of the largest missing pieces--was an on-chain leverage protocol! 
Thus, Alpaca Finance was born, seeking to provide value to the BNB Chain community through leveraged yield farming.

What is Alpaca Finance?

Alpaca Finance is the largest lending protocol allowing leveraged yield farming on BNB Chain. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.‌

Outstanding features

What is the project trying to achieve?

As an enabler for the entire DeFi ecosystem, Alpaca amplifies the liquidity layer of integrated exchanges, improving their capital efficiency by connecting LP borrowers and lenders. It's through this empowering function that Alpaca has become a fundamental building block within DeFi, helping bring the power of finance to each and every person's fingertips, and every alpaca's paw...

Furthermore, alpacas are a virtuous breed. That’s why, we are a fair-launch project with no pre-sale, no investor, and no pre-mine. So from the beginning, this has always been a product built by the people, for the people. Or as we like to say: by the alpacas, for the alpacas.

What is unique selling point?

ALPACA active mode

Consists of 4 main groups of participants:

• Lenders: As those who deposit their assets in ALPACA Finance, these assets will be used by the “farmers” for the destination farm.
• Farmers: These people will use the assets deposited on top of the lender to farm.
• Liquidators: Those who are responsible for managing financial LPs when they become risky. When the information farming strategy falls be low risk, the managers will have to pay the positions to ensure the Lender does not lose capital, and they receive a reward of 5% on the payment amount. maths.

Product

Alpaca Finance is a platform that provides diverse products that users from novices to experienced in DeFi can exploit to make money.

Consists of:

• Lending + Staking: APR is safe and stable.
• Grazing Range: earn extra profit from staking ibALPACA to receive reward tokens from partner projects.
• Leveraged Yield Farming: maximize the use of your capital to farm yields on AMM platforms with up to 6x maximum leverage.

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