Sep 15, 2021
The Dvision Network Joins Alpaca’s Grazing Range Pool
Enabling Leveraged Yield Farming
The Dvision Network is an ultimate blockchain-based NFT metaverse platform. The Dvision Network establishes a cutting-edge metaverse ecosystem, by utilizing its own VR technology, that helps to lower the entry barriers for all types of users across the globe. Therefore, it allows designers, enterprises and general users to dive into the most advanced metaverse experience.
Dear community members,
We are thrilled to announce a new phase of the partnership between the Dvision Network and Alpaca Finance — the largest lending protocol allowing leveraged yield farming on the Binance Smart Chain. With this revolutionary partnership with Alpaca Finance, we will be able to utilize Alpaca’s Infrastructure to allow users to earn safe and stable yields and offer borrowers undercollateralized loans for leveraged yield farming positions. This will allow users to multiply their farming yields. With this partnership, all users will be able to open leveraged yield farming positions of up to 2.0x on PancakeSwap’s DVI/BNB pair, which currently yields ~210% APR in CAKE Rewards! The pool will go live on September 16th, 2021 at 10 AM GMT. As part of the Grazing Range program, you’ll also be able to stake ibALPACA for USD 181K in DVI rewards which will be distributed over 4 weeks.
Leveraged Yield Farming Pool
Alpaca Finance allows its users to open leveraged yield farming positions on PancakeSwap. Hence, the partnership with Alpaca Finance introduces a new set of opportunities for users that hold the BEP-20 version of the DVI token (you can now freely use the BSC Bridge to move your ERC-20 to BEP-20). From now on, all users will be able to open leveraged yield farming positions up to 2.0x on PancakeSwap’s DVI/BNB pair, which currently yields ~210% APR in CAKE Rewards! The pool will go live on September 16th, 2021 at 10 AM GMT (7 PM KST). Leveraged yield farmers in the DVI/BNB pool will also receive bonus ALPACA rewards, on top of the leveraged yield farming rewards and trading fees. You can learn more about the leveraged yield farming on Alpaca Finance here: Farming at Alpaca Finance
Grazing Range Reward Details
Not only will we be enabling the Leveraged Yield Farming with Alpaca, but we will also be partnering with the Grazie Range program initiative. This allows users to stake ibAlpaca (the ibAlpaca token is an interest-bearing token that users receive when they deposit Alpaca into the Lending Vault) to receive rewards in DVI Tokens. As part of the Grazing Range program, you’ll be able to stake ibALPACA for USD 181K in DVI rewards which will be distributed over 4 weeks.
Total Rewards: 355,700 DVI (~$181k USD)
DVI Token: 0x758fb037a375f17c7e195cc634d77da4f554255b
Rewards Period: 4+ weeks
Rewards Start Block: 10,964,000 (Approx. Sep 16th, 2021 10 AM GMT)
Rewards End Block: 11,770,400 (Approx. Oct 14th, 2021 10 AM GMT)
Distribution Schedule:
Exclusive NFT Cards for Pool’s Stakers
As a unique reward for pool stakers, Alpaca Finance will be providing its exclusive NFT Cards to users. To be eligible, you must stake ibALPACA in the DVI Grazing Range pool before September 17th, 10 AM GMT (1 day after the pool opens) and stake for at least 27 days after the aforementioned time. The NFT tier you receive will be based on the amount of ibALPACA staked.
- Green Tier: staked at least 500 ibALPACA
- Silver Tier: staked at least 5,000 ibALPACA
- Gold Tier: staked at least 50,000 ibALPACA
About Alpaca Finance
Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart 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. Furthermore, Alpacas are a virtuous breed. That’s why we are a fair-launch project with no pre-sale, no investors, and no pre-mining. From the beginning, this has always been a product built by the people, for the people. Or as we like to say: by the Alpacas, for the Alpacas.
