Alpaca Finance Grazing Range Pool #40 — CryptoMines!

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

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

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)

Distribution Schedule:

About CryptoMines

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-40-welcoming-eternal-to-the-herd-ba22f27996b9

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