$ALPACA is now available on HYVE
Hyve announces its integration of their new token with Alpaca Finance.
$ALPACA is the most recent addition, available now for paying for tasks and jobs, as well as offers.
The $ALPACA token
Acting as the utility token of the Alpaca ecosystem, employing a deflationary model, $ALPACA captures the main economic benefits of its platforms, used for performance fee sharing, token buyback, and burn – a mechanism used to create a long-term community base, an efficient way to increase the price and discourage speculative trading.
Just like the $HYVE token, $ALPACA empowers its tokenholders, through direct and indirect rewards. Currently, the $ALPACA token is available on two networks, BSC and Fantom, they integrating the token only on the BSC network, for the moment. You can find the contract address in order to add $ALPACA in your wallets down below.
0x8F0528cE5eF7B51152A59745bEfDD91D97091d2F
The $ALPACA token can be traded on Binance, MEXC, or Gate. Once you purchase $ALPACA, you can send it to your metamask wallet in order to use it on HYVE to instantly pay freelancers. In addition, when creating an offer, you can select to be paid in $ALPACA, without priorly owning the token. They like to give freelancers the freedom over payment options, and by integrating a multitude of cryptocurrencies.
About Alpaca Finance
Alpaca is the largest lending and savings platform allowing leveraged yield farmingon Binance Smart Chain. Lenders are empowered to earn safe and stable yields, while borrowers can maximize their profits by taking uncollateralized loans for leveraged yield farming positions. Alpaca has revolutionized the DeFi space and created innovative earning potential for everyone, optimizing capital efficiency.
About HYVE
HYVE’s cross-chain architecture creates a decentralized ecosystem, which redefines collaborative methods. Through its blockchain-based freelancing platform, HYVE eliminates intermediaries within the freelancing industry, by reducing fees and connecting clients with matching professionals, enabling them to work together securely.
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