Alpaca Finance Introduces Grazing Range and Partnership with Multiplier

Published on: 28.04.2021

Alpaca Finance releases a new rewards distribution format called Grazing Range, where Alpacas can graze on rare crops of their choice. Users will able to choose on which token rewards they want. Stake ibALPACA and receive those rewards. Grazing Range is only exclusive for ALPACA holders. Users will also receive APY’s from Lending ALPACA.

 

Collaboration with Multiplier

This partnership is the first collaboration with a pool from Multiplier token BMXX in the Grazing Range. Users will able to open 2x leveraged yield farming position on PancakeSwap’s BMXX-BNB pair with 300% APR in CAKE rewards. The pool will start on May 7 at 10AM GMT.

 

MULTIPLIER FINANCE

Algorithmic money market system designed to bring secure and unique lending and borrowing opportunities like flash loans onto the Binance Smart Chain. The protocol designs are architected and forked based on Aave with revenue sharing components for liquidity providers and token holders that govern the protocol.

 

SOURCE

https://medium.com/alpaca-finance/introducing-the-grazing-range-and-its-first-partnership-pool-multiplier-finance-16e4d55dadbe

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