Alpaca City Bank Grand Opening

Alpaca City announced the grand opening of Alpaca City Bank, a brand new feature on this exciting land.

A single asset farming aggregator, powered by Solo.top yield farming strategies.

This single asset farming aggregator is currently only available on Binance Smart Chain, and co-built with Solo.top. Allowing users to deposit single tokens such as BNB, USDT, BUSD, ETH, and BTCB for USDT in rewards. The Bank will match all of your deposited assets on Binance Smart Chain and farm on supported DEXes to maximize the yield for single token mining. The reward ratio for all single asset pools and the corresponding APY are updated real-time.

Note that 90% of the rewards generated will go to all the Alpaca City Bank stakers, and the rest will be used to buy back ALPA token.

Unlike Alpaca City Farm, you don’t need to choose one of your beloved Alpaca NFTs to manage these assets now, and Alpaca City Bank only requires single tokens at a time. Much easier right? Thus, using Alpaca City Bank means that there won’t be any impermanent loss associated with the farming. Solo Protocol provides stable and secure strategies to all the Shepherds and expands the ecosystem of Alpaca City.

🔸How to use the Bank?

• Visit https://bsc.alpaca.city/bank
• Connect your wallet to Binance Smart Chain
• Choose the crypto asset and the amount that you want to deposit
• Confirm the Approve and Deposit transactions in your wallet
• Cha-ching!

About Alpaca City

Alpaca City is a virtual world built on Ethereum blockchain where users can manage their on-chain assets through collecting and breeding adorable Alpacas. Every Alpaca has varies genetic traits which not only make it unique, but also signifies its ability to generate yields.

Alpaca City is endeavoring to create a more accessible DeFi ecosystem by combining the power of yield farming and NFT. With low barrier of entry, the city aims to gamifying yield farming so the amount of asset is not the only determinant of the yield.

📰 INFO

https://medium.com/alpacacity/alpaca-city-bank-grand-opening-on-binance-smart-chain-dd16a18416de