Alpaca Finance Integrates Chainlink Price Feeds to Maximize Security of Leveraged Yield Farming on BSC.
Bolstered by low costs and high transaction speeds, Binance Smart Chain (BSC) has seen an explosion of DeFi protocols launched on its blockchain, and Alpaca Finance has become one of the homegrown blue-chip leaders.
From passive yield opportunities to single asset leveraged yield farming, we senior alpacas have been committed to creating new yield opportunities and maximizing returns for all you alpacas in our herd. As a result, the total value locked (TVL) in Alpaca Finance has continued to increase, sitting at $1.2 billion dollars now, as users continue to flock to the platform to put their assets to work earning safe yields on BSC.
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. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
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.
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