Incentive Rewards

As per AIP-15, ALPACA incentive rewards have now concluded. Thus, the below rewards distribution is only a referenced distribution before it is ended.

Reward Details

A total of 900k ALPACA (~$240k) will be distributed to lenders and borrowers over a 12-week period.

  • Rewards Start Date: 27 April 2023 11.00 AM UTC

Week#1 - Week#2: 20,000 ALPACA / week

Week#3 - Week#12: 86,000 ALPACA / week

We will use a point allocation system to distribute ALPACA rewards, similar to how ALPACA incentives were distributed to lenders and leveraged yield farmers in AF1.0.

For example, during week#1, if allocation points for BNB lenders = 125 and the total points in the system = 1,075. BNB lenders would then get 11.6% of the total ALPACA allocated for that week = 20k * 11.6% = 2.32k ALPACA.

For specific point allocation details, please refer to the table below:

Token
Alloc points for Lending
Alloc points for Borrowing

BNB

75

100

BTCB

100

125

USDT

100

175

ETH

75

100

USDC

50

75

BUSD

50

75

CAKE

20

25

XRP

10

15

LTC

10

15

DOGE

10

15

ADA

10

15

Allocation points for other assets will be shared at a later date as they are listed.

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