💎Introduction to Alpaca Finance 2.0
AF2.0 represents a major upgrade to our protocol’s core functionalities: lending and leveraged yield farming. Though these products have served all of us well over the first two years, it’s never too soon to innovate and make things better. So the new and improved AF2.0 will provide more features, superior flexibility, and ultimately — higher yields to our users!
The new innovations include:
New functionality for over-collateralized lending
Asset tiers in lending for better risk management
Cross-margin on both collateral and borrowing in lending
Permissionless listing in lending, allowing for infinite scale and borrowing of many altcoins, creating a shorter’s paradise
Multiple interest rates per every product and pool to create customized conditions for max profit
Asset-specific risk-adjusted weights on supply/borrow capacity to better mitigate risk
Borrowing of any whitelisted token, and the ability to use any whitelisted token as collateral for any LYF pair whatsoever
Double-layered gentle liquidation with repurchasing
Cross-margin for LYF
Multiple sub-accounts per wallet for lending and LYF
Multi-token farming rewards
Improved future upgradability
And more!
So without further ado, let’s get into the details!
🔧Other Technical Improvements
Improved future upgradability: Our smart contracts will utilize Diamonds, multi facet proxies, which get around the contract size limitation, something that has limited us in the past from developing new features on certain contracts. Going forward, Alpaca will have the potential for unrestricted upgrades and improvements.
Modular Architecture: LYF, Money Market, AV modules are all written separately for future composability.
Last updated
Was this helpful?