Tuesday, January 31, 2023
DLTEMPIRE
  • Home
  • News
  • Blockchain
  • Ethereum
  • BNB
  • Binance
  • Luna Crash
  • Crypto Mining
  • DeFi
  • ICO
  • Regulation
  • Top 10 coins
No Result
View All Result
  • Home
  • News
  • Blockchain
  • Ethereum
  • BNB
  • Binance
  • Luna Crash
  • Crypto Mining
  • DeFi
  • ICO
  • Regulation
  • Top 10 coins
No Result
View All Result
DLTEMPIRE
No Result
View All Result
Home BNB

Alpaca Finance Reveals New Look for Automated Vaults

Lucinda Keatinge by Lucinda Keatinge
August 27, 2022
in BNB
0
Alpaca Finance Reveals New Look for Automated Vaults
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Alpaca Finance’s new assets repurchasing method will be tested first on the BNB-BUSD PancakeSwap vault.

Assets Repurchasing

BNB Chain yield farming platform Alpaca Finance announced it would begin upgrading one of the project’s core products, Automated Vaults, to address the challenges of Transaction costs and Impermanent Loss.

In this revamp, instead of swapping assets on a Decentralized Exchange (DEX) (subject to a price impact and 0.25% swap fee), Alpaca Finance will allow repurchasers to trade directly with holdings in the project’s vault without facing these fees through a new solution called Assets Repurchasing.

The benefits of this repurchasing system for Automated Vaults investors include lower swap fees, no price impact on large swaps, and more frequent rebalancing. All of these features should have a direct effect on Automated Vaults % APR improvement. The team said they’ve rerun the test with this new method and have seen markedly improved results.

“Compared to the current rebalance method, the return from repurchasing is stabler and more profitable. Even during extreme volatility during May-June, repurchasing would have been profitable,” said the Alpaca Finance Development Team.

Alpaca Finance will test the new repurchasing method on the BNB-BUSD PancakeSwap vault. The repurchasing operation was projected to go live around Aug. 25, 2022. The reason for this single-vault deployment is that the team wants to closely monitor the vault’s activity and make adjustments promptly. Once proven that the new repurchasing method is beneficial, the project will roll out to the remaining vaults.

What Is Alpaca Finance:

Alpaca Finance is the largest lending protocol that allows leveraged yield farming on BNB Chain. It helps lenders to earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principles and resulting profits.‌

Alpacas are a virtuous breed. That’s why Alpaca Finance prides itself on being a fair-launch project with no pre-sale, no investor, and no pre-mine. From the beginning, the project has always been a product built by the people, for the people––or as the Alpaca team likes to say: by the Alpacas, for the Alpacas.

Where to Find Alpaca Finance:

Website | Twitter | Telegram | Discord | Medium | GitHub |





Source link

Tags: AlpacaAutomatedFinanceRevealsVaults
Previous Post

DOGE, AVAX Fall to 1-Month Lows on Saturday – Market Updates Bitcoin News

Next Post

Why Ethereum, Bitcoin, and Solana Dropped on Saturday

Lucinda Keatinge

Lucinda Keatinge

Next Post
Why Ethereum, Bitcoin, and Solana Dropped on Saturday

Why Ethereum, Bitcoin, and Solana Dropped on Saturday

  • Trending
  • Comments
  • Latest
Veteran pilot killed in vintage airplane crash in Kern County

Veteran pilot killed in vintage airplane crash in Kern County

September 3, 2022
Wells Fargo Mentioned Ripple (XRP) As A Digital Currency In August Report

Wells Fargo Mentioned Ripple (XRP) As A Digital Currency In August Report

August 16, 2022
Sold Out Presale Creating Huge Interest In Gnox (GNOX) From Binance Coin (BNB) And PancakeSwap (CAKE) Holders

Sold Out Presale Creating Huge Interest In Gnox (GNOX) From Binance Coin (BNB) And PancakeSwap (CAKE) Holders

August 16, 2022
Best Coins To Buy On PancakeSwap App In August 2022

Best Coins To Buy On PancakeSwap App In August 2022

August 12, 2022
How the Stance of World’s Top Crypto Exchange Could Impact Possibility of Future Ethereum Forks

How the Stance of World’s Top Crypto Exchange Could Impact Possibility of Future Ethereum Forks

0
Binance, Mastercard launch prepaid card in Argentina to bridge cryptocurrencies, everyday purchases

Binance, Mastercard launch prepaid card in Argentina to bridge cryptocurrencies, everyday purchases

0
What is Alpaca Finance? – Asia Crypto Today

What is Alpaca Finance? – Asia Crypto Today

0
Blockchain ETF’s Top Holding Has Been a Strong Outperformer

Blockchain ETF’s Top Holding Has Been a Strong Outperformer

0
Hiroshima Adopts Metaverse in Education

Hiroshima Adopts Metaverse in Education

January 31, 2023
WSFS provider Intain launches tokenized asset backed security marketplace on Avalanche blockchain – Ledger Insights

WSFS provider Intain launches tokenized asset backed security marketplace on Avalanche blockchain – Ledger Insights

January 31, 2023
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

January 31, 2023
$38M In Ethereum Was Just Transferred Onto Coinbase By Benzinga

$38M In Ethereum Was Just Transferred Onto Coinbase By Benzinga

January 31, 2023

Recent News

Hiroshima Adopts Metaverse in Education

Hiroshima Adopts Metaverse in Education

January 31, 2023
WSFS provider Intain launches tokenized asset backed security marketplace on Avalanche blockchain – Ledger Insights

WSFS provider Intain launches tokenized asset backed security marketplace on Avalanche blockchain – Ledger Insights

January 31, 2023
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

January 31, 2023
$38M In Ethereum Was Just Transferred Onto Coinbase By Benzinga

$38M In Ethereum Was Just Transferred Onto Coinbase By Benzinga

January 31, 2023

Recent News

Hiroshima Adopts Metaverse in Education

Hiroshima Adopts Metaverse in Education

January 31, 2023
WSFS provider Intain launches tokenized asset backed security marketplace on Avalanche blockchain – Ledger Insights

WSFS provider Intain launches tokenized asset backed security marketplace on Avalanche blockchain – Ledger Insights

January 31, 2023

Categories

  • Altcoin
  • Artificial Intelligence
  • Binance
  • Blockchain
  • BNB
  • Business
  • Crypto Mining
  • DeFi
  • Education
  • Ethereum
  • Featured
  • ICO
  • Luna Crash
  • Metaverse
  • News
  • Regulation
  • Top 10 coins
  • Uncategorized

Follow Us

Follow Us

Find Via Tags

Big Binance Bitcoin Blockchain BNB BTC Buy Cardano CEO Chain Coin CoinDesk Coins crash Crypto Cryptocurrency DeFi Digital Dogecoin ETH Ethereum Exchange eyes Finance FTX Heres Investors latest LUNA Market Merge Million mining Network News NFT Prediction Price Protocol Regulation Solana Token Top Tweet Week

© 2021 Dltempire

No Result
View All Result
  • Home
  • News
  • Blockchain
  • Ethereum
  • BNB
  • Binance
  • Luna Crash
  • Crypto Mining
  • DeFi
  • ICO
  • Regulation
  • Top 10 coins

© 2021 Dltempire