Alpaca Finance Grazing Range Pool #54 — Highstreet
Welcoming HIGH back to the herd
Alpaca Finance are excited to welcome back the trusted partner to the Grazing Range Pool #54 once again — Highstreet.
With this partnership, all users will be able to open leveraged yield farming positions up to 2x on PancakeSwap’s HIGH-BUSD pair, which currently yields ~38% APR in CAKE Rewards!
As part of the Grazing Range program, you’ll also be able to earn $90k 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: 55,550 HIGH (~$90k USD)
HIGH Token: 0x5f4bde007dc06b867f86ebfe4802e34a1ffeed63
Rewards Period: 8 weeks
Start Date: Jul 28th, 2022
End Date: Sep 22nd, 2022
Distribution Schedule:
Exclusive NFT Cards for Pool’s Stakers
To be eligible, you must stake ALPACA in the governance vault during the first 4 weeks of the Grazing Range campaign starting from before July 28th 00:01 UTC until at least August 25th. The NFT tier you receive will be based on the amount of your xALPACA balance during that entire period. (Since xALPACA balances naturally decrease over time, make sure to watch yours)
- Green Tier: held at least 500 xALPACA
- Silver Tier: held at least 5,000 xALPACA
- Gold Tier: held at least 50,000 xALPACA
About Highstreet
Highstreet is a Commerce-Centered Metaverse focused on building the future of shopping completely inside a video game. Brands from all over the world whether it’s luxury fashion, streetwear, or NFT projects all contribute to the lore of Highstreet World, while department stores like Saks and Harvey Nichols become portals in the real world into the MMORPG.
About Alpaca Finance
Alpaca Finance is the largest lending and savings platform providing high-yield, capital efficient products on BNB Chain, and recently launched on Fantom. Alpaca 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. Furthermore, Alpaca allows users to take out traditional DeFi loans by minting the stablecoin AUSD, and to invest in hedge-fund-level automated strategies.
