Alpaca USD (AUSD)

Alpaca Finance, represented by the coin Alpaca USD (AUSD), is the largest lending protocol enabling leveraged yield farming on the BNB Chain and Fantom networks. It offers a platform for lenders to earn safe and stable yields while providing borrowers with undercollateralized loans for leveraged yield farming positions. This allows borrowers to amplify their farming principles and potential profits significantly. Alpaca Finance aims to provide a secure and efficient environment for leveraged yield farming transactions.

Alpaca Finance prioritizes security and has undergone multiple audits and assessments to ensure the safety of its platform. It received the highest safety score on the BNB Chain from DeFi Safety and scored the third highest for security on the same chain based on the assessment by Certik. Alpaca Finance also utilizes Chainlink and Alpaca Guard to protect against flash loans, liquidations, and price manipulations. Additionally, the platform is integrated with Nexus Mutual Insurance, offering users an added layer of protection.

Joining the Alpaca Finance community grants access to various partners and resources within the ecosystem. The platform is supported by reputable exchanges and networks such as Binance, Gate.io, and CoinStats. Alpaca Finance partners with industry players, projects, and protocols. The platform provides comprehensive documentation, step-by-step guides, and video tutorials to facilitate user interaction. Whether seeking lending opportunities or exploring the potential of leveraged yield farming, Alpaca Finance offers a secure and user-friendly platform for engaging in decentralized finance activities.