Buy Alpaca Finance (ALPACA)

Alpaca Finance price (AUD)





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What is Alpaca Finance?

Built “by alpacas, for alpacas,” Alpaca Finance is an under-collateralized DeFi yield leveraging platform that benefits both lenders and borrowers. While lenders can rely on steady yields, the borrower doesn’t have to commit to the same collateral requirements of traditional finance. In other words, if the loan was defaulted on, the balance owed would be less than the principal balance. DeFi as a whole can benefit from Alpaca in how it builds upon the integrated liquidity features across exchanges. Generally speaking, the platform was designed to fill the gap between on-chain leverage applications offered on the Binance Smart Chain and what is offered on other chains. 

Governance on Alpaca is community-driven so all platform features can be voted on, such as the direction of transaction fees. True to crypto’s altruistic philosophy, Alpaca started as a fair launch project so it didn’t have a presale, private list, or pre-mine. Everyone has access to the tokens at the same time. 

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Alpaca Finance (ALPACA)

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