🦙 Alpaca Finance

Fair-launch leveraged yield farming protocol on Binance Smart Chain
Let this majestic South American mammal take your yields to new heights

Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart 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.‌

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.

Welcome to Alpaca Finance 🦙

Alpaca — what a majestic animal! We can’t think of a better mascot to represent our ethos.

  • Alpacas love to live in the mountains at high altitudes… They will make your farming yields sky-high once you become their friend.

  • Alpacas come in 22 gorgeous colors… We will offer many farming pools for you to choose from.

  • Alpacas are green animals; they have a very light carbon footprint, and 95% of their wool is usable… Sending transactions on BSC is incredibly efficient and will cost you much less gas than on other chains, maximizing your yields.

  • Alpacas do not bite, and lack sharp teeth… Everything about our project is transparent and verifiable; there will be no rug pull!

  • Alpacas are a great investment; they're inexpensive to raise, require small acreage, and provide a regular supply of wool... Our protocol's leveraged positions will allow you to amplify your profit potential, providing higher yields on less capital.

Alpacas are truly an investment you can hug... you'll be glued to your screen watching your profits continuously grow!

What is yield farming?

Yield farming is an innovative DeFi concept where users stake or lend their crypto assets in order to receive returns.

What is leveraged yield farming?

Leverage results from using borrowed capital to expand your asset base and the potential returns on that asset base. In other words, you borrow funds so you can invest more, and as a result--earn more.

In the context of yield farming, leverage involves borrowing assets to multiply your yield farming position, resulting in you accruing larger yields. This is a general profit maximization strategy. More on leveraged yield farming: https://thedefiant.io/leveraged-yield-farming/

Why did we build Alpaca Finance?

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, Binance Smart Chain (BSC) has experienced an exponential boom in popularity, and in this emerging ecosystem, we noticed a gap amongst 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 BSC community through leveraged yield farming.