Alpaca Finance
ALPACA Price
Alpaca Finance is a leading DeFi lending protocol on Binance Smart Chain, offering leveraged yield farming and fair practices. More
| Fully Diluted Valuation | $1.98M |
|---|---|
| 24H Trading Volume | $2.62M |
| 24H Low / High | $0.01 / $ 0.01 |
| Circulating Supply | 151.67 M |
| Total Supply | 151.67 M |
| Max Supply | 188.00 M |
| Categories | Decentralized Finance (DeFi) 5 more |
|---|---|
| Founder | Hitoshi Harada 2 more |
| Website | alpacafinance.org |
| Socials | 3 more |
| Chains | Fantom Ecosystem 1 more |
| Explorer | Arkhamintelligence 3 more |
| Contracts |
0xad9....a4302
1 more
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| Name | Pair | OG Score |
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Alpaca Finance, a prominent player in the decentralized finance (DeFi) landscape, emerged as the largest lending protocol on the Binance Smart Chain since its launch. It has revolutionized the concept of leveraged yield farming, offering a unique blend of services to both lenders and borrowers in the crypto ecosystem.
For lenders, Alpaca Finance presents an opportunity to earn safe and stable yields on their tokens. The protocol capitalizes on the liquidity layers of integrated exchanges, providing a platform where lenders can see their investments grow. On the other hand, borrowers benefit from undercollateralized loans. These loans allow them to engage in leveraged yield farming, significantly amplifying their farming principles and resulting profits. This dual approach not only benefits individual participants but also enhances the overall capital efficiency of the exchanges involved.
Beyond its financial services, Alpaca Finance stands out for its commitment to fair practices. Since its inception in 2021, it has maintained a fair-launch policy with no pre-sale, no investor, and no pre-mine, truly embodying a project built by and for the community. This ethos extends to its branding, whimsically likening its users and supporters to alpacas, symbolizing both the strength and communal spirit of the platform. Alpaca Finance is more than just a lending protocol; it's a key enabler in the DeFi ecosystem, bringing the power of advanced finance to everyone's fingertips - a testament to the democratizing power of blockchain technology.
Alpaca Finance is distinguished by its fair-launch approach, with no pre-sale, investor, or pre-mine, emphasizing a community-driven ethos. It stands out in the DeFi ecosystem for its leveraged yield farming on Binance Smart Chain, enhancing liquidity and capital efficiency, and offering a range of farming pools and efficient transaction processing.
The founders of Alpaca Finance are Hitoshi Harada, Yoshi Yokokawa, and Yuki Hayashi, each bringing a unique set of skills from previous experiences in the database business, capital markets, and software engineering.
Alpaca Finance was launched as a fair-launch project, which means it did not have any initial investors or backers, emphasizing its community-driven foundation.
You can buy Alpaca Finance (ALPACA) on MEXC, Gate.io, BingX, CoinW, XT.COM cryptocurrency exchanges.
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Alpaca Finance (ALPACA) is not mineable.
There may be different staking options available such as to participate in DAOs, decentralized governance and for revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Alpaca Finance (ALPACA) is ($151,668,641), max supply of Alpaca Finance ALPACA is ($188,000,000) and the market cap of Alpaca Finance ALPACA is ($1,978,069).
What is the Alpaca Finance (ALPACA) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Alpaca Finance (ALPACA) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Alpaca Finance (ALPACA) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Alpaca Finance ALPACA) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Alpaca Finance (ALPACA) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Alpaca Finance (ALPACA) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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