Alpaca Finance Grazing Range Pool #22 — Moonpot
Alpaca Finance are excited to welcome the newest addition to the range, a project from the friends at Beefy Finance — Moonpot.
With this partnership, all you alpacas will be able to open leveraged yield farming positions up to 2.0x on PancakeSwap’s POTS-BUSD pair, which currently yields ~110% APR in CAKE Rewards! The pool will go live on October 7th, 2021 at 10 AM GMT.
As part of the Grazing Range program, you’ll also be able to stake ibALPACA for $221K USD in POTS rewards which will be distributed over 4 weeks.
Leveraged yield farmers in the POTS-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: 47,170 POTS (~$221k USD)
POTS Token: 0x3fcca8648651e5b974dd6d3e50f61567779772a8
Rewards Period: 4+ weeks
Rewards Start Block: 11,565,000 (Approx. Oct 7th, 2021 10 AM GMT)
Rewards End Block: 12,371,400 (Approx. Nov 4th, 2021 10 AM GMT)
Exclusive NFT Cards for Pool’s Stakers
To be eligible, you must stake ibALPACA in the POTS Grazing Range pool before October 8th, 10 AM GMT (1 day after the pool opens) and stake until at least November 4th, 10AM GMT (for 27 days). The NFT tier you receive will be based on the amount of ibALPACA staked.
- Green Tier: staked at least 500 ibALPACA
- Silver Tier: staked at least 5,000 ibALPACA
- Gold Tier: staked at least 50,000 ibALPACA
About Moonpot
Moonpot is a win-win prize game on Binance Smart Chain that rewards everyone who takes part. Deposit crypto in one of their savings pots and you’ll be automatically entered into a weekly prize draw. Moonpot prizes are worth tens of thousands of dollars (paid in crypto).
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-22-welcoming-pots-to-the-herd-1cf2e522e78a
