Cours de Alpaca Finance

Alpaca Finance is a leverage yield farming protocol built on BNB Chain. Leverage results from using borrowed capital to expand the asset base and the potential returns on that asset base. In other words, investors borrow funds so they can invest more, and as a result - earn more. In the context of yield farming, leverage involves borrowing assets to multiply yield farming position, resulting in accruing larger yields. $ALPACA is the native token of Alpaca Finance and its holders have governance rights and some exclusive earning opportunities.