Alpha Homora V1 is a product of Alpha Finance Lab. Alpha Homora is the first leveraged yield farming product in DeFi first deployed on Ethereum. Now, Alpha Homora V1 is also available on Binance Smart Chain (BSC).
BNB lenders can earn high interest on BNB. The lending interest rate comes from leveraged yield farmers borrowing these BNB to yieldfarm.
Yield farmers can get even higher farming APY and trading fees APY from taking on leveraged yield farming positions. By taking leverage, Alpha Homora would borrow BNB on users’ behalf to yield farm.
5 Day exclusive access for PRO users
As outlined in our previous mediums, PRO users will have faster access to new platforms.
Alpha Homora will be the first case where we make the monitoring exclusively available for PRO users for the first 5 days.
Free users will be able to track their Alpha Homora positions from 11/04/21 onwards.
Another good reason to grab yourself a bag of $WATCH and become a PRO user today.
From the start, yieldwatch.net will support and display the following options:
- Balance of Interest-bearing BNB (ibBNB) Vault
Supported Yield Farms
- BNB-CAKE || BNB-BUSD || BNB-BTCB || BNB-ETH || BNB-USDT
- BNB-UNI || BNB-LINK || BNB-BAND || BNB-YFI || BNB-ALPHA
=> Current value of each position
=>Individual balance in each pool
=> Current debt
Subsequent additions will as always be implemented in a timely manner :)
We are working on displaying more information about each individual pool including leverage, ALPHA rewards, CAKE rewards, and IL.
About Alpha Finance Lab
Alpha Finance Lab is an ecosystem of DeFi products that will interoperate to maximize returns while minimizing downside risks for users. Each Alpha product focuses on capturing unaddressed demand in DeFi in an innovative and user-friendly way.
yieldwatch.net is a smart DeFi dashboard that lets you monitor your liquidity pools, yield farming, and token staking performance with a casual and sleek UI, that is optimized for mobile use.
With yieldwatch.net you get all the relevant information at one glance. No more browsing different websites and using complicated IL-loss calculators. We are the first on Binance Smart Chain that shows you the deposit, pending yield, fees generated and gives you an overview of the potential impermanent loss that you are facing.
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DYOR — DO YOUR OWN RESEARCH
The $WATCH token is neither a security nor an asset. It doesn’t have any value outside of being proof of membership for the services provided on yieldwatch.net. We don’t promise any returns or being the future of finance. Cryptocurrencies are highly volatile and can lose all their value at any point.
The information provided on yieldwatch.net does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. yieldwatch.net does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
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