What is Alpha Homora?

What is Alpha Homora?

Alpha Homora is the first leveraged yield farming and leveraged liquidity providing product in DeFi and the first product by Alpha Finance Lab.
ETH lenders can earn high interest on ETH. The lending interest rate comes from leveraged yield farmers/liquidity providers borrowing these ETH to yield farm/provide liquidity.
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 ETH on users' behalf to yield farm.
Liquidity providers can get even higher trading fees APY from taking on leveraged liquidity providing positions. By taking leverage, Alpha Homora would borrow ETH on users' behalf to provide liquidity.
Alpha Homora on DeFi Pulse: https://defipulse.com/alpha-homora.

What problems does Alpha Homora solve? What are the unaddressed demand or market gaps?

Market gap 1: There are many ETH holders bearing low lending interest rate on ETH.
Market gap 2: There are many yield farmers searching for higher yield farming APY.
Market gap 3: There continues to be more projects that want to bootstrap liquidity in their pool on a selected AMM protocol, giving rise to more yield farming opportunities.

How does Alpha Homora capture these market gaps?

Alpha Homora is able to generate the highest lending interest rate on ETH by innovating on the borrow side - enabling yield farmers and liquidity providers to take leverage position (by borrowing ETH) on yield farming and liquidity providing. Thus, yield farmers and liquidity providers pay borrow interest rate on ETH, but can leverage their position and increase their yield farming APY and trading fees APY.
Last modified 7mo ago