What is Alpaca Finance (ALPACA)?
Alpaca Finance Coin (ALPACA) is the native cryptocurrency of the Alpaca ecosystem.
Alpaca Finance (ALPACA) is the first loan protocol to allow leveraged farming on Binance Smart Chain. It helps lenders achieve secure and stable returns and offers borrowers low-collateralized loans for their leveraged positions, drastically increasing farming principles and resulting profits.
As an enabler for the entire DeFi ecosystem, Alpaca enhances capital efficiency by strengthening the liquidity layers of integrated exchanges, connecting LP borrowers and lenders. Alpaca has become a fundamental building block in DeFi thanks to this amplifying function.
In the DeFi era, led by Compound, farming on Ethereum has become a common way to gain liquidity and new users for projects. However, lately the increasing cost of the process has become more and more difficult for the majority of people.
The popularity of Binance Smart Chain has exploded, and in this emerging ecosystem, it has been noticed that there is a gap between the applications offered there compared to other chains such as Ethereum. To be clear, one of the biggest missing pieces was an on-chain leverage protocol. Thus was born Alpaca Finance, which seeks to provide value to the BSC community through leveraged farming.
The maximum supply of Alpaca is 188,000,000.
ALPACA is listed on Binance, Kucoin, Gate, Pancakeswap exchanges, as well as a few other exchanges.
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