Alpaca Finance Grazing Range Pool #44 — Highstreet
Alpaca Finance are excited to welcome the newest addition to the range — Highstreet.
With this partnership, Alpacas will be able to open leveraged yield farming positions up to 2x on PancakeSwap’s HIGH-BUSD pair, which currently yields ~90% APR in CAKE Rewards! The pool will go live on January 13th, 2022 at 10 AM GMT.
As part of the Grazing Range program, Users will be able to earn $218k USD in HIGH rewards by staking ALPACA in the governance vault, which will be distributed over 8 weeks.
Leveraged yield farmers in the HIGH-BUSD pool will also receive bonus ALPACA rewards, on top of the leveraged yield farming rewards and trading fees.
Grazing Range Reward Details
Total Rewards: 23,437.5 HIGH (~$218k USD)
HIGH Token: 0x5f4bde007dc06b867f86ebfe4802e34a1ffeed63
Rewards Period: 8 weeks
Rewards Start Date: Jan13th, 2022
Rewards End Date: Mar 10th, 2022
Distribution Schedule:
About Highstreet
Highstreet is a decentralized Metaverse built on an MMORPG game where brands, both traditional and crypto, can use our Merchant Portal to seamlessly integrate and build their presence in Highstreet World. From day one, Highstreet strives for interoperability and already have major thought leaders from exchanges like Binance, Chains like Avalanche, to funds like Republic and Animoca integrated with our Metaverse as a Service layer.
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-44-welcoming-high-to-the-herd-94cd82e79503
