How To Use The Alpaca Finance Platform
DeFi

How To Use The Alpaca Finance Platform

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1 year ago

This guide contains detailed steps on how you can use the Alpaca Finance Platform.

How To Use The Alpaca Finance Platform

Alpaca Finance is one of the largest lending protocols that offer leveraged yield farming on the BNB Chain and Fantom network. Lenders can deposit assets into the protocol and borrowers can take undercollateralized loans to open leverage farming positions to maximize their profits. The platform has a native token named, Alpaca that has multiple utilities in the ecosystem.

Alpaca has undergone 20 security audits by famous auditing firms including CertiK, PeckShield, Block Sec, and many more. The platform holds 3rd position in terms of security on the BNB chain as assessed by CertiK. It has partnered with some major blockchain companies like Binance, KuCoin, Gate.io, MEXC, CoinDCX, Pancakeswap, SpookySwap, etc. Read more here.
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