Alpaca Finance Launching of Alpaca Vault

Published on: 18.04.2021

In specific way, Alpaca Vault means Alpaca Lending Vault where users will able to earn lending interest and rewards for staking ibALPACA. New leveraged position up to 2x on ALPACA/BUSD pool.

 

BENEFITS FOR ALPACA HOLDERS
  • Earn interest from leveraged yield farmers borrowing ALPACA. Interest will be 0% — 150% APR (equaling 0% — 348% APY compounded continuously)
  • Receive rewards for staking ibALPACA
  • 2x Leveraged position on ALPACA-BUSD
  • Rewards for staking on PancakeSwap ALPACA-BNB LP token

 

TIMELINE
  • ALPACA deposit vault & ibALPACA staking: April 26th at 10 AM GMT
  • ALPACA-BUSD leveraged yield farming: April 27th at 10 AM GMT

 

🌐 SOURCE :

https://medium.com/alpaca-finance/introducing-the-alpaca-vault-or-how-i-learned-to-make-money-by-holding-alpaca-64af15d1b68f

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