Convert 2 ALPACA to USD today

Alpaca Finance is the most prominent lending protocol in the Binance Smart Chain ecosystem. The network is designed to allow users to earn consistent returns while providing borrowers with leveraged loans, maximizing returns with the same amount of collateral. As a user, you can participate in Alpaca Finance in the following ways:

• Lender: Users deposit their assets into Alpaca Finance; farmers will use these deposited assets for farming.
• Yield-Farming: Borrowers of assets from the system for farming can use leverage on Alpaca Finance to optimize their profits.
• Liquidator: The person responsible for handling liquidation when leveraged positions reach the risk threshold, ensuring that lenders do not lose their capital from lending. The liquidator will receive a 5% reward from the fee collected from the liquidation.

Alpaca Finance Token (ALPACA) is a utility token of the Alpaca Finance ecosystem, operated on the Binance Smart Chain platform according to BEP20 standards and used for the following purposes:

• Participate in network governance and vote on network change proposals.
• Profit-sharing from trading fees on the platform.
• ALPACA holders will benefit from and gain access to NFTs and some other platform utilities in the future.