Alpaca Finance

Fair-launch leveraged yield farming protocol on BNB Chain & Fantom
Alpaca Finance allows users of all wallet sizes and experience to earn on their crypto deposits. Lenders earn safe and stable yields, and borrowers can unlock liquidity from their spot positions or short tokens available on the Money Market. Users can also earn exceptionally high yields by providing liquidity through Automated Vaults, vastly multiplying their farming principals and resulting profits.‌ The platform also contains a Perpetual Futures exchange allowing users to capital-efficiently hedge their spot holdings, take directional bets or engage in carry trading by farming funding fees.
Thanks to the complimentary design choices the development team created the conditions for users to harness the synergies between different products and diversify their portfolio by different revenue generation strategies.
As an enabler for the entire DeFi ecosystem, Alpaca improves capital efficiency by offering leverage through connecting borrowers and lenders. It's through these use cases, Alpaca has become a fundamental building block within DeFi, helping bring the power of finance to 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 BNB Chain 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 lending?

Lending is a process of making your funds available to be borrowed by other users of the protocols based on the rules encoded in smart contracts. Your Lending deposits will generate returns expressed in APY and will grant you the possibility to borrow tokens against your initial deposits.

What is Overcollateralized borrowing?

Overcollateralized borrowing allows users to unlock liquidity from their spot positions deposited on the Lending side of the platform. To access funds accumulated in long-term holdings, instead of selling users can just borrow against them as long as the value of the deposited collateral is higher than the value of the loans.

What is yield farming in crypto?

Yield farming is a DeFi concept where users provide their crypto assets into a protocol to receive returns.

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, BNB Chain 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 BNB Chain community through DeFi products