Announcing Wault Finance x Alpaca Finance Major Integration! Higher APRs! Leveraged Farming!
Everyone tells us the APRs on our farms are the highest in the industry. Yet, we at Wault are always aiming for the clouds.
So of course, once we got the opportunity to be the 2nd DEX to partner with Alpaca, the largest leveraged yield farming platform on BSC, we jumped at the chance!
And what does this partnership mean for Wault users? Lots of new benefits of course!
Higher APRs
If you already like the high rewards in our pools, then once we add leverage to them with Alpaca, you’ll simply be in heaven. We’ll give you some numbers to help you better understand. Here are comparisons between our current APRs and what they’ll be once you add leverage with Alpaca:
- WEX-BNB — 2.5x max leverage
APR 661% -> 1673% - BNB-BUSD — 3x max leverage
APR 143% -> 449% - BTCB-BUSD — 3x max leverage
APR 68% -> 224% - ETH-BUSD — 3x max leverage
APR 71% -> 233% - WEX-USDT -2.5x max leverage
APR 748% -> 1885% - WAULTx-BNB- 2x max leverage
APR 446% -> 903% - USDT-BUSD — 4x max leverage
APR 28% -> 132%
Pretty high?
And these are just the APRs. Once you add auto-compounding with Alpaca, the APYs become so high, that many of you wouldn’t believe it. However, many users have been earning such huge yields at Alpaca since it launched leveraged farming.
New Pools
We’ll be adding the following pools with leverage access through Alpaca:
- ALPACA-USDT(2.5x max leverage)
- ALPACA-BNB(2.5x)
- BTCB-ETH (3x )
- BTCB-USDT(3x)
- ETH-USDT(3x)
These pools are scheduled to roll out in batches starting June 8th, 2021, so get ready.
Significant Additional Liquidity and Trading Volume for WSwap
Alpaca is a platform with one of the largest amounts of liquidity on BSC. Even after the recent market drop, they still have over 1.1B USD TVL. A lot of this liquidity will soon be coming to WSwap’s pools, which means there will be lower price impact on trades. We already have the lowest trading fees on BSC at .2%. Yet, with this new round of liquidity, trading at WSwap will be even cheaper!
For WEX holders, this partnership is also very meaningful. It signifies substantial TVL and trading volume will soon be entering our platform, which will lead to bigger buybacks & burns of WEX and a significant boost to the underlying value of our protocol. WSwap is already the fastest growing DEX on BSC, having reached 3rd place only behind Pancake and MDex. Now, with such a major partnership, will we reach even higher? We believe so, and if you’re holding WEX, that means you do too.
The sky’s not the limit my friends and the moon may not be either. Together with Alpaca, we’ll break through spacetime directly!
What is 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 principals and resulting profits.
Furthermore, Alpacas are a virtuous breed. That’s why, Alpaca Finance is a fair-launch project with no pre-sale, no investor, and no pre-mine. So from the beginning, it’s always been a product built by the people, for the people. Or as they like to say: by the Alpacas, for the Alpacas.
To learn more about Alpaca Finance, you can visit their official communication channels:
Website: https://www.alpacafinance.org/
Medium: https://medium.com/alpaca-finance
Twitter: https://twitter.com/AlpacaFinance
Telegram: https://t.me/alpacafinance
Telegram ANN: https://t.me/alpacafinanceannouncements
Discord: https://discord.gg/2UvgmqcVDQ
