Alpaca Finance is a lending protocol that allows users to engage in leveraged yield farming on the BNB Chain. Assets borrowed from Alpaca Finance are required for leveraged yield farming within its platform. By opening leveraged positions, yield farmers can allegedly earn higher returns.

Alpaca Finance is a lending program without pre-sales, investors, or pre-farming. $ALPACA is the platform's native token for sharing farming yields, access to rewards, network governance, and exclusive NFT access.

Alpaca Finance acts as a derivatives and money market for decentralized market makers. Alpaca Finance states that market makers can leverage a larger principal amount of market making through Alpaca's protocol to boost their return on market making. At the same time, lenders can earn interest by lending funds.

For decentralized exchanges, Alpaca provides liquidity to supposedly enhance their capital efficiency by connecting borrowers and lenders. Since lending and farming through Alpaca uses leverage, the user also shorts and longs for assets while farming. Alpaca amplifies the liquidity layer of the integrated exchange, improving its capital efficiency by connecting LP borrowers and lenders. #Alpaca $ALPACA