Alpha Homora V2 Adds Leveraged ETH/LINK + Lending of LINK Token

Published on: 20.05.2021

Alpha Finance Lab announced Alpha Homora V2 supports leveraged yield farming of ETH-LINK pool on Sushiswap & Uniswap, and they enable the lending & borrowing of LINK token.

For simplicity, there are 4 parts in blog:

  1. For users who are in these 2 pools on Alpha Homora V1
  2. For users who are new to Alpha Homora V2
  3. What do leveraged users gain from these 2 leveraged pools? What are the risks?
  4. For lenders who want to earn on LINK

What is Alpha Finance Lab?

Alpha Finance Lab is a DeFi Lab and on a mission to build an ecosystem of DeFi products (the Alpha ecosystem), consisting of innovative building blocks that capture unaddressed demand in key pillars of the financial system. These building blocks will interoperate, creating the Alpha ecosystem that will be an innovative and more capital efficient way to banking in DeFi.

Alpha Homora is Alpha Finance Lab’s first product and DeFi’s first leveraged yield farming product that captures the market gap in lending, one of the key pillars of the financial system.

📰 INFO:

https://blog.alphafinance.io/alpha-homora-v2-adds-leveraged-eth-link-lending-of-link-token/

Market Stats:
BTC Dominance: 53.33%(+0.46%/24h)
ETH Dominance: 16%(+0.07%/24h)
Defi Market Cap: $87.39B(+6.28%/24h)
Total Market Cap: $2333.89B(+5.50%/24h)
Total Trading Volume 24h: $72.37B(+2.73%/24h)
ETH Market Cap: $373.13B
Defi to ETH Ratio: 23.42%
Defi Dominance: 3.55%
Altcoin Market Cap: $1089.18B
Altcoin Volume 24h: $40.43B
Total Cryptocurrencies: 29537
Active Cryptocurrencies: 9879
Active Market Pairs: 82635
Active Exchanges: 762
Total Exchanges: 8446
BTC: 63215.36$(-0.1%/1H)
ETH: 3108.5$(-0.11%/1H)
AVAX: 35.48$(-0.49%/1H)
BNB: 585.2$(-0.07%/1H)
MATIC: 0.73$(-0.11%/1H)
FTM: 0.7$(-0.16%/1H)
ADA: 0.47$(-0.09%/1H)
DOT: 7.15$(-0.35%/1H)
UNI: 7.53$(-0.22%/1H)
CAKE: 2.67$(-0.25%/1H)
SUSHI: 1.06$(0.2%/1H)
ONE: 0.02$(-0.11%/1H)