Frontier Integrates Alpaca Finance to Offer Crypto lending on BSC

2 min read
Frontier Integrates Alpaca Finance to Offer Crypto lending on BSC

We are excited to announce that Alpaca finance is now integrated into the Frontier mobile app allowing users to earn passive income by lending crypto assets straight from crypto wallet with a few taps.

What is Alpaca Finance?

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

How secure is Alpaca Finance?

On top of a spotless track record of security, Alpaca finance has an industry-leading 17 security audits from top firms such as PeckShield, Certik, Inspex, and SlowMist.

However, we still recommend users exercise caution before using any DeFi protocol. You can find more information about Alpaca’s security processes here.

📈Key Integration Features

  1. Lend crypto assets – Earn passive income by lending assets such as BNB, USDT, USDC, BUSD, ETH, BTCB, ALPACA and more on Binance Smart Chain.
  2. Staking ibtokens – Stake the ibtokens you receive after lending to further enhance the yields of your capital.
  3. Tracking positions – Track all your new and existing lending and ibtoken positions by connecting or watching a wallet in track mode.

Speaking about the integration, Pete Woodard, Head of Institutional Growth at Alpaca Finance said, “We’re very excited to be able to partner on an integration with a top crypto wallet company like Frontier. Users can now easily earn high APYs on their crypto assets through lending within Frontier’s wallet, and this is a great step towards bringing the power of decentralized finance to the masses.”

Check out the guide below to learn how to lend assets and earn passive income using Alpaca finance.

How to Lend and Earn on Alpaca Finance with Frontier
Earn up to 6% APY by lending crypto assets into Alpaca finance on BSC.

About Frontier

Frontier is a Crypto & DeFi, NFT wallet where you can send, store & invest in 4,000+ crypto assets. Earn passive income on your crypto by staking or supplying assets in DeFi apps and exploring web 3.0 from a single place.

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Palash Jain