With this partnership, Alpacas will be able to open leveraged yield farming positions up to 2x on PancakeSwap’s ETERNAL-BNB pair, which currently yields ~167% APR in CAKE Rewards! The pool will go live on December 2nd, 2021 at 10 AM GMT.
As part of the Grazing Range program, you’ll also be able to stake ibALPACA for $342k USD in ETERNAL rewards which will be distributed over 4 weeks.
Leveraged yield farmers in the ETERNAL-BNB pool will also receive bonus ALPACA rewards, on top of the leveraged yield farming rewards and trading fees.
Grazing Range Reward Details
Total Rewards: 471 ETERNAL (~$342k USD)
ETERNAL Token: 0xD44FD09d74cd13838F137B590497595d6b3FEeA4
Rewards Period: 4+ weeks
Rewards Start Block: 13,138,300 (Approx. Dec 2nd, 2021 10 AM GMT)
Rewards End Block: 13,944,700 (Approx. Dec 30th, 2022 10 AM GMT)
CryptoMines is a SciFi play-to-earn NFT game designed to provide the users with a fun experience by collecting Workers, Spaceships and building Fleets to travel across the universe searching for $ETERNAL, which is a mineral that allows them to live another day and make some profits along the way. CryptoMines aims to be the greatest blockchain SciFi while letting their users enjoy being part of a vast Metaverse, the thrill of strategic gameplay, and of course, earn $ETERNAL.
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.