Alpaca Finance Coin Alpaca Finance – Leveraged Yield Farming

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Hi Bill I heard you quit your job at the bank that’s right Cesar I’m a rancher rancher what animals alpacas wow yes alpacas live high in the mountains high altitude Brio you live in a skyscraper yes that’s right but alpacas are beautiful colors colors exact but appearance you wear the same black suit every day alpacas are green animals well you drive a lobster alpacas don’t bite they don’t have sharp teeth Boo you’re a vampire Alpacas are great investments and they produce a lot of wool oh whoa I need some more I need to get some alpacas Welcome to Caesar Snack Sandwich Today we were on the finance smart chain looking at alpaca finance . Leveraged yield farming of the alpacas for the alpacas. It’s a pretty fair start But I’m going to talk a little bit about the products that you can use in this application and you can take a closer look at everything in all the details if you’re interested. So go to the application by clicking this button here When the location loads for the first time, we see that we land on the landing page here. We can see that this entire log has about $1.5 billion. You could lend these tokens to other people, you could lend them Alpaca B and BB USD or Eth tokens so you can decide which ones to lend to you People will pay you to borrow these tokens. This number changes the tempo based on this utilization percentage. The higher the utilization the higher the percentages you can see now so if you click stake you land here and you can stake your token like ibab and b here and you can also start earning alpaca rewards . So let’s go back to Lind so here on Len so you can see that there is staking apr and then there is the sum which is the sum of those and then apy based on the fact if you are staking your alpaca tokens daily harvest them and sell them for more and put them in here, okay, so you can basically look at that and say oh I’m going to get 34 if I put busd in here, that’s pretty good. Keep in mind that this number changes frequently as utilization rises and falls. So let’s move on to what people do when they borrow these tokens from you to do what we’re going to right here farm click farm and we end up here. The first thing you will see are positions that you have open. I have a few open positions right now. A bit later, ok, so coming here, we have active pools now. Basically it allows you to borrow some tokens and build LPS on pancake swap some lps and harvest the pie for you and assemble it so that number is basically yield farming, basically aggregating the pie rewards into more lps for you , as you can see trading fees are not available and therefore this number could vary greatly per pair, but some of these pairs are very popular so trading fees can run into the hundreds and so on. They can be quite high but the reason there is no data is because pancake swap went up to the second version and their data setting you know feeds are not quite working yet so come and check this number when you come back and just trying to decide whether or not you want to play around with this product but I’ve seen you know how some of this in the one case you know the total april is about 1.5 thousand percent so it’s pretty respectable now these trading fees are still accruing they are still there it’s just that we can’t see the number so you’ll still get the percentage right but let’s go down and a bit talking about this part here, this allows you to filter the pools, so basically these are the tokens that you are going to borrow from other people, so you have to be one of the things you have to think about when you borrow these Token off, you are going to short this token, so you want to borrow the token that you think will go down in price. You don’t want to borrow a token that you think will go up in price, so for example if I b and press b and I should go to one of these rights, let’s go to this one, these two down here. So if I borrow b and bi I think bb will go down in price compared to busd so compared to US dollar right now this is a little bit different if I borrow b and bi think it compared to Wi-Fi, so the comparison of these two tokens is not the US dollar, it has nothing really good, it has a bit to do with US dollars, it is the US dollars of both, but it’s if this goes up a lot and this goes up a little then I’ll still win something This is important to understand because basically what it’s going to do if you get here you can open one of these and I will Show you how to open the farm. The first thing you want to do when you open is figure out what you’re borrowing, so if I’m borrowing busd, that means I’m shorting the us dollar, so I’m kind of craving this bnb versus the busd , so it’s the first thing you want to look at or what am I going to borrow here ok as you can see I am borrowing the bosd and then I sell some of it I will use part of the usd to b and b and then hopefully the b and b will go up in value and then when I try to sell the bnb I will be able to pay off my debt much faster now I won’t spend much time on it to explain this if you really don’t understand leveraged LPS. I suggest you come and read this article. Read it a few times, it will make things very clear to you, they have very good examples in here and if you still don’t understand after this, you can telegram me and I’ll try my best to help you a bit to explain but i don’t have time to explain everything in detail here so let’s go to another pool another couple instead of b and b busd and this time let’s choose cake bnb and go to the farm so if we look up let’s see oh when i open this position i will borrow bnb tokens so you can see now i can come here bb tokens or i can come here with cake or i can come with both, but you know i have to balance it for me i will sell some of these and balance and make my lps 50 50 for me. okay okay, another very important thing is that you can decide how much leverage you want to use. Here below you can see I can change it to 1.5, I can change it to 2 and I can change it to 2.5. Now some of them all go up to 6 percent so that’s important, if you bring a bb here and borrow two b and b then you essentially have three bb’s worth of lps open and that’s important because it gives you basically gives more overall value because as you can see that changes when I click here it changes it goes pretty high because I’m basically getting more into debt but I’m going to grow more pie and more trading fees and so on , but you have to be careful you have to be careful how you kill your relationship and your debt and stuff like that, I’m not going to go into everything how to do that, how to use that, that’s something you look at in your time have to, but just know that basically you have the ability to leverage your tokens and that’s what makes this power of this protocol so powerful. In this case, if I borrow b and bi, I want the bb price to go down in terms of pies… Patreon Page Secret Sandwich NFTs: Discord: I’ve Added a Patreon Account – Might Also Be This is NOT investment advice . Don’t DYOR and PLAY with money you don’t want to lose. LINKS Article READ THIS – RISKS of DeFi Just read this ️️ Grab a CEAZOR ️NFT️. Do you want to support the channel? Donate to my GitCoin Grant Want to donate? BTC: 3QYBEEwf4ZTnYzD8Kpp9VuyTqcUk6RBoFx ETH: 0x3c5Aac016EF2F178e8699D6208796A2D67557fe2 Download Brave Brower – No ads or trackers – Earn centralized exchange referral links Bitfinex – Kucoin – BitoPro – Binance – Want to trade stocks and some selected cryptos in one place? Cash. eToro – This is where I started. Follow me on Twitter – Join my Discord channel. If you want to chat with me more, you can mostly find me on this telegram channel. Announcements: ️ Chat: ️

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