Many Biswap team efforts aim to expand the Ecosystem and crypto opportunities for our users. And these efforts are never fruitless!
Biswap Ecosystem is delighted to welcome its new strategic partner — Alpaca Finance!
Why Alpaca Finance?
Alpaca Finance is the leading and largest lending protocol allowing leveraged yield farming on BNB Chain and Fantom. It helps lenders earn safe and stable yields and offers borrowers undercollateralized loans for leveraged yield farming positions, multiplying their farming principles and resulting profits.
Project’s key features:
- Leveraged yield farming
- Transparency and verifiability
- BNB Chain & Fantom
Discover more features by yourself:
https://docs.alpacafinance.org/
Benefits of this glorious collaboration:
- New profitable BSW utility
- Cooperation with TOP Lending Protocol
- Promising strategic partnership
The Collaboration Details
Biswap x Alpaca Finance is cooperating in a unique way that will push the envelope, create new formulas of magnifying crypto and provide more new BSW utilities. Besides, Biswap Liquidity will be beneficial at Alpaca Finance, and our users will have access to plenty of new tools for multiplying their assets.
Let’s figure out where you can apply your BSW and other tokens for now:
Leveraged Yield Farming with Biswap LPs
Biswap and Alpaca users are able to open leveraged yield farming positions on many Biswap Farming pools!
⏰ At 10:00 AM UTC on April 28th the first batch went live:
- BNB — USDT Featured pool
- BSW
- BSW — BNB
Featured Pool is a pool with a 60-day TOP APY!
What is leveraged yield farming?
Leverage results from using borrowed capital to expand your asset base and the potential returns on that asset base. In other words, you borrow funds to invest more and earn more. In yield farming, leverage involves borrowing assets to multiply your yield farming position, resulting in you accruing larger yields. This is a general profit maximization strategy.
Wonder how to use it?
Read the Guide:
🔎 https://bit.ly/3KjqeaJ
Automated Vaults with Biswap Pools
Besides leveraged yield farming integration, Alpaca integrated Biswap pools for Automated Vaults:
💰 BNB-BSW: 3x max. leverage
💰 BNB-USDT: 3x max. leverage (double-sided borrowing)
💰 USDT-BSW: 3x max. leverage
💰 BNB-BUSD: 3x max. leverage (double-sided borrowing)
💰 ETH-USDT: 3x max. leverage (double-sided borrowing)
💰 BTCB-USDT: 3x max. leverage (double-sided borrowing)
💰 ETH-BNB: 3x max. leverage (double-sided borrowing)
💰 BNB-BTCB: 3x max. leverage (double-sided borrowing)
Other Farming pools may be added in the future. Feel free to share your wishes.
🎁 $225 000 in BSW for Grazing Range Program
Earn $225 000 in BSW rewards by staking ALPACA in the governance vault, which will be distributed over 8 weeks.
By staking in all the Biswap Farms via Leveraged yield farming, users will also receive bonus ALPACA rewards, on top of the leveraged yield farming rewards and trading fees.
View the Grazing Range reward details:
Prize pool: $225 000 in BSW
Token: BSW
Duration: 8 weeks
Start: April 28, 2022
End: June 23, 2022
Join the event to get a double profit!
Stake in Pools & Get Exclusive NFTs!
It is essential to stake ALPACA in the governance vault during the first four weeks of the Grazing Range campaign starting from before April 28th at 00.01 UTC until at least May 26th. Then you will be eligible to get these worthy NFT cards.
The NFT tier you receive will be based on the amount of your xALPACA balance during that entire period. (Keep in mind, that xALPACA balance naturally decreases over time, that’s why make sure to watch yours)
- Green Tier: held at least 500 xALPACA
- Silver Tier: held at least 5 000 xALPACA
- Gold Tier: held at least 50 000 xALPACA
That’s just the beginning of the collaboration between TOP DEX and TOP Lending Protocol.
Apply a new lucrative utility for the BSW token, and stay tuned for more!
Follow the Biswap Social Media:
🔥Website | Telegram Channel | Telegram Channel for CIS Users
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Local TG Communities:
🇲🇨 Indonesian-Speaking | 🇻🇳 Vietnamese-Speaking | 🇷🇺 Russian-Speaking
🇫🇷 French-Speaking | 🇵🇹 Portuguese-Speaking | 🇩🇪 German-Speaking
🇨🇳 Chinese-Speaking | 🇹🇷 Turkish-Speaking | 🇪🇸 Spanish-Speaking
🇮🇳 Indian-Speaking
Follow the Alpaca Finance Social Media:
🕊 Twitter: https://twitter.com/AlpacaFinance
📢 Telegram Channel: https://t.me/alpacafinanceannouncements
💬 Telegram Chat: https://t.me/AlpacaFinanceCN
🤖 Discord: https://discord.com/invite/2UvgmqcVDQ
📃 Medium: https://medium.com/alpaca-finance
💻 Reddit: https://www.reddit.com/r/AlpacaFinanceOfficial