Description
Alpaca Finance is a leading decentralized finance (DeFi) protocol launched in 2021 on Binance Smart Chain and expanded to Fantom. It offers users leveraged yield farming and lending services: lenders earn stable returns by supplying assets, while borrowers can use undercollateralized loans to amplify farming positions and potentially increase yields.
The platform features single-asset and liquidity-pool vaults, automated strategies through smart contracts, and synthetics (ibTokens). Users can stake the native ALPACA token to earn incentives, participate in governance, and benefit from fee-sharing and deflationary mechanisms like buybacks and burns. Alpaca has grown significantly, securing over $1 billion in total value locked (TVL) and establishing itself as one of the top DeFi platforms on its networks.
Governance is community-driven, with fair-launch principles – no pre-sale or private investors – ensuring decisions are made transparently by token holders. Alpaca continues to innovate with NFT integrations, gaming elements, and ecosystem growth, cementing its position as a major player in yield optimization and DeFi infrastructure.
Crypto Investing Risk Warning
Crypto assets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. Read the full disclaimer
Affiliate Disclosure
This article may contain affiliate links. See our Affiliate Disclosure for more information.
Address
United Kingdom
