Alpaca Finance Token is now available (ALPACA) on VNDC Wallet from August 21st. Soon after ALPACA is listed, users can perform the following functions with ALPACA:
- Off-chain transactions: Send, receive ALPACA with other users on the same system.
- Exchange: Swap from VNDC to ALPACA and vice versa.
About Alpaca Finance Token
Alpaca Finance is the most extensive lending protocol on the Binance Smart Chain ecosystem. The network is designed for users to earn consistent returns while providing borrowers with leveraged loans, allowing them to maximize returns with the same amount of collateral. As a user, you can participate in Alpaca Finance in the following ways:
- Lender: Users deposit their assets into Alpaca Finance, these assets will be used by farmers for farming.
- Yield farmer: Borrowers borrow assets from the system for Farming and can use leverage on Alpaca Finance to optimize their profits.
- Liquidator: The person responsible for handling liquidation when leveraged positions reach the risk threshold, ensures that Lenders do not lose their capital from lending. Liquidator will receive 5% reward from the fee collected from the liquidation.
Website: https://www.alpacafinance.org/
What is ALPACA token?
Alpaca Finance Token (ALPACA) is a native token of Alpaca Finance ecosystem, running on Binance Smart Chain with BEP20 and can be:
- Used for users to participate in the administration of the network and to vote on proposals for network changes.
- Used to share profits from trading fees on the platform.
- ALPACA holders will benefit and gain access to NFTs and some other platform utilities in the future.
Specifications:
- Name: Alpaca Finance Token
- Symbol: ALPACA
- Platform: Binance Smart Chain
- Standard: BEP-20
- Smart Contract Address: 0x8f0528ce5ef7b51152a59745befdd91d97091d2f
- Type: Utility Token
Alpaca Finance Token (ALPACA) Price Data
Until today, ALPACA is now available on some of the largest cryptocurrency exchanges like Binance, KuCoin, ZT, Gate.io,… At the time of writing, ALPACA is ranked #255 on CoinMarketCap:
ALPACA Price 35,129 VNDC Market Cap 218,368,578 USD 24h Trading Volume 61,458,409 USD Circulating Supply 141,603,872 ALPACA Max Supply 188,000,000 ALPACA
Trading ALPACA on VNDC Wallet
Currently, users can perform the following features with ALPACA on VNDC Wallet:
- Off-chain transactions: Send, receive ALPACA with other users on the same system.
- Exchange: Swap from VNDC to ALPACA and vice versa.
