Alpaca Finance Grazing Range Pool #39 — Plutos Network

Published on: 29.11.2021

Alpaca Finance are excited to welcome the newest addition to the range — Plutos Network.

With this partnership, Alpacas will be able to stake ibALPACA for $94k USD in PLUT rewards, which will be distributed over 4 weeks in the Grazing Range. The pool will go live on Nov 30th, 2021 at 10:00 AM GMT. As usual for a Grazing Range pool, you will also have a chance to earn exclusive NFTs if you meet the staking criteria.

Grazing Range Reward Details

Total Rewards: 386,000 PLUT (~$94k USD)

PLUT Token: 0x2984f825bfe72e55e1725d5c020258e81ff97450

Rewards Period: 4+ weeks

Rewards Start Block: 13,082,600 (Approx. Nov 30th, 2021 10 AM GMT)

Rewards End Block: 13,889,000 (Approx. Dec 28th, 2021 10 AM GMT)

Distribution Schedule:

About Plutos Network

Plutos Network is a multi-chain synthetic issuance & derivative trading platform which introduces mining incentives and staking rewards to users. By integrating blockchains such as Solana, Polkadot, and BSC, enabling on-chain and cross-chain liquidity and trading, Plutos Network is to offer users synthetic issuance and trading services for a wide range of synthetic products which are sustainable, profitable, and disruptive to the traditional derivative market.

About Alpaca Finance

Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart Chain. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.‌

Source:
https://medium.com/alpaca-finance/grazing-range-pool-39-welcoming-plut-to-the-herd-95cb3f01fb61

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