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AlpacaFinance
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Alpaca Finance Institutional Newsletter #44 is Out! Check out Alpaca Finance Medium for details on: ➡️ Multichain Bridge exploit ➡️ Nasdaq refiling Valkyrie’s application for a spot Bitcoin ETF ➡️ Bittrex challenge the SEC’s authority in crypto lawsuit #institutional #newsletter #defiprotocols #news #finance

Alpaca Finance Institutional Newsletter #44 is Out!

Check out Alpaca Finance Medium for details on:

➡️ Multichain Bridge exploit

➡️ Nasdaq refiling Valkyrie’s application for a spot Bitcoin ETF

➡️ Bittrex challenge the SEC’s authority in crypto lawsuit

#institutional #newsletter #defiprotocols #news #finance

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Our 160th weekly buyback & burn is completed. 60,888 $ALPACA (~USD 10.5k) have been sent to the fire. 🔥 ▶️ We are on a 103 weeks deflationary streak 🔥 ▶️ Total cumulative burn is now 33.85Mn+ tokens (18.00% of total supply) 🔥 ▶️ Cumulative Revenue Distribution to Users is now ~$4.13Mn See burn breakdown here: https://docs.google.com/spreadsheets/d/1p575wd1bbkNsd31Ic25sKnyIKhf5SM_xaqDkUbru46M/edit#gid=0
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Per AIP-31, the remaining stable assets in the AUSD's stable swap module will be used to buy back $ALPACA. ▶️Remaining AUSD holders can redeem back into stables at 1:1 here: https://app.alpacafinance.org/ausd/swap/ausd/to/busd ⏰The buyback execution will start on or around May 27th 2024. After this time, users will be able to convert back AUSD into ALPACA instead Details here: https://docs.alpacafinance.org/governance/aip-details/aip-31.1-handling-of-remaining-assets-in-the-ausds-stable-swap-module
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💎💎 Bitcoin Halving Day!! 💎💎 To celebrate this upcoming special occasion, we have created a special NFT for our community. 🎉🎉 ▶️To be eligible, stake any amount of ALPACA in the Governance Vault or deposit any amount of $BTCB in the Money Market by Tuesday, 23 April 2024. ▶️Stake here: https://gov.alpacafinance.org ▶️Deposit here: https://app-v2.alpacafinance.org/market #NFT #BNB #BNBChain #DeFi #Bitcoinhalving2024 #Halving2024
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[AIP-31] Handling of remaining assets in the AUSD’s stable swap module voting has concluded. ➡️ The community has voted to use the remaining stablecoin in the stableswap module to buy ALPACA in the open market. 📖 Read the summary of voting results in our Docs: https://docs.alpacafinance.org/governance/aip-details/aip-31.1-handling-of-remaining-assets-in-the-ausds-stable-swap-module 🎨 The AIP-30 NFT is now available to claim for voters: https://app.galxe.com/quest/alpacafinance/GCvkvthLQU
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Alpaca Finance Institutional Newsletter #79 Highlights: - #Genesis Sells $2.1 Billion in #GBTC Shares to Purchase #Bitcoin for Debt Settlement - #PayPal Expands $PYUSD Stablecoin Use for Fee-Free International Transfers - #Coinbase Secures Legal Victory in #Cryptocurrency Securities Case https://medium.com/alpaca-finance/alpaca-finance-institutional-newsletter-79-cf3c74e9e710 #Web3 #Finance #BinanceSmartChain #BSC #yieldfarming #BNB
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