Alpaca Finance company info

What does Alpaca Finance do?
Alpaca Finance (CRYPTO:ALPACA) is a decentralized leveraged lending and borrowing protocol that allows users to trade with up to 6x leverage on the BNB Chain and Fantom. The ALPACA token is the native token of the Alpaca Finance ecosystem and is used to pay for transaction fees, incentivize users to participate in the network, and stake to earn rewards. Alpaca Finance works by allowing users to deposit their crypto assets into the protocol and borrow against them at a leveraged rate. The protocol uses a variety of risk management mechanisms to ensure that loans are collateralized and that users are not liquidated. Alpaca Finance also offers a variety of yield farming opportunities, which allow users to earn interest on their crypto assets. The Alpaca Finance team is actively working on a number of projects to improve the platform and expand the ecosystem. The main objective of Alpaca Finance is to make leveraged trading and yield farming more accessible and secure for everyone. The team believes that Alpaca Finance can help to democratize access to financial services and make the world a more financially inclusive place.
Alpaca Finance company media
Company Snapshot

How many people does Alpaca Finance employ?

people
Employees
50-100

What is the market cap for Alpaca Finance?

bag
Market Cap
$25.79M

What year was Alpaca Finance founded?

founded flag
Year Founded
2021
What does Alpaca Finance specialise in?
/DeFi /Fantom Ecosystem /Governance /Lending & Borrowing /Polygon Ecosystem /Staking /Yield Aggregator /Yield Farming

What are the products and/or services of Alpaca Finance?

Overview of Alpaca Finance offerings
Borrowing: Borrow crypto assets to trade or invest.
Community governance: Participate in the governance of the Alpaca Finance protocol by voting on proposals.
Lending: Lend your crypto assets to other users and earn interest.
Leveraged trading: Trade with up to 6x leverage on a variety of crypto assets.
Staking: Stake your ALPACA tokens to earn rewards.
Yield farming: Earn interest on your crypto assets by providing liquidity to pools.