Alpaca Finance Integrates Chainlink Price Feeds
Alpaca Finance Integrates Chainlink Price Feeds to Maximize Security of Leveraged Yield Farming on BSC.
Chainlink Price Feeds are time-tested and well known for supplying high-quality price data with multiple layers of decentralization to protect user funds from unexpected situations like exchange downtime, flash crashes, and data manipulation attacks like flash loans.
Alpaca Finance is a BSC-based leveraged yield farming protocol that offers the most capital efficient lending/borrowing through platform-controlled undercollateralized loans.
Users can maximize the value of their assets through various farming strategies while lenders can safely earn passive income by providing liquidity to the borrowers who want to amplify their farming position sizes and resulting yields.
About Chainlink
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain.
About Alpaca Finance
Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart Chain. It helps lenders to earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.
