#Alpha is starting a new year with #AlphaHomoraV2 that'll be launched this month in January! đŸ”„

@CreamdotFinance, @SushiSwap, @CurveFinance, and @BalancerLabs officially join #AlphaHomoraV2 as partners to bring growth the whole #DeFi.

Thread đŸ‘‡đŸ”„ https://blog.alphafinance.io/alpha-homora-v2-is-coming-to-town/
Alpha Homora V2 Is Coming To Town

Alpha Finance Lab is starting a new year with Alpha Homora V2 that will be launched this month in January! The new logo, new user interface, more functionalities, and most importantly more partners...

https://blog.alphafinance.io/alpha-homora-v2-is-coming-to-town/
2/ #AlphaHomoraV2 is one of the many #Alpha products that'll be launched this year in 2021 under @AlphaFinanceLab project.

As we continue to grow, we'll continue to not only innovate in the #DeFi space, but also help bring growth to our partners and the whole DeFi ecosystem.
3/ @leokcheng from @CreamdotFinance shared his thoughts

“This partnership is a win-win for both #AlphaHomoraV2 and #Cream V2, as our users get higher yields from Alpha Homora V2, and Alpha Homora V2 users can take leverage on more assets by sourcing liquidity from Cream V2.”
4/ @0xMaki from @SushiSwap also shared one of his favorite features

“One of the key features in #AlphaHomoraV2 that I like is not selling farmed tokens. #Alpha team’s value to bring growth to partners’ communities aligns with that of #SushiSwap. Looking forward to more collab!”
5/ @charlie_eth from @CurveFinance shared his thoughts on #Alpha project

"It’s been a pleasure working closely with the #Alpha team to integrate #AlphaHomoraV2 with #Curve. Alpha is a great project with many use cases to further improve the #DeFi ecosystem!”
6/ Finally @fcmartinelli from @BalancerLabs shared his thoughts on leveraging LP

“Love seeing innovative products like #AlphaHomoraV2 using #Balancer under the hood. Leveraging LP yield is great as it improves capital efficiency. Users should bear in mind the risks.”
7/ The image below shows a sneak peek of #AlphaHomoraV2 user interface! đŸ”„đŸ”„

#AlphaHomoraV2 makes sure to maintain the user friendliness that Alpha Homora v1 has while adding more functionalities and supporting more partners.

What are the key features of #AlphaHomoraV2? 👇
8/ Key features in #AlphaHomoraV2 include

1⃣ leveraged #yieldFarming on #Curve, #Balancer, #SushiSwap, & #Uniswap

2⃣ Take leverage on many assets, not just $ETH

3⃣ Up to 9x leverage on stablecoins đŸ”„

4⃣ No auto reinvestment

5⃣ Users can supply only 1 token (no need of both)
9/ To allow users to take leverage on many assets, #AlphaHomoraV2 and #CreamV2 are integrated at a level that has never been done before in #DeFi.

It's the first time that a contract ( #AlphaHomoraV2) can borrow from another contract ( @CreamdotFinance) in under-collateralized way
10/ #AlphaHomoraV2 can borrow liquidity from @CreamdotFinance and offer as leverage for our users, allowing our users to take leverage on many assets.

#Cream lenders can also benefit from the higher lending interest rate (as more Alpha Homora users are borrowing).🚀
11/ After launching #AlphaHomoraV2, we will roll-out new $ALPHA token utilities! đŸ”„

Sneak peek of those utilities include $ALPHA token holders

1⃣ Can earn higher lending interest rates

2⃣ Can unlock special features on #AlphaHomoraV2

We will share more details soon!
12/ Next steps

Simple and easy migration process from V1 to #AlphaHomoraV2 will take place once we launch V2.

While this marks a significant milestone, we're still early in the project days. There're more problems to be solved with new innovative & user friendly #Alpha products
13 (last)/ For more details, including step-by-stepg guide of how leveraged #yieldFarming and liquidity providing works in #AlphaHomoraV2, please refer to the blog post below. https://blog.alphafinance.io/alpha-homora-v2-is-coming-to-town/
Alpha Homora V2 Is Coming To Town

Alpha Finance Lab is starting a new year with Alpha Homora V2 that will be launched this month in January! The new logo, new user interface, more functionalities, and most importantly more partners...

https://blog.alphafinance.io/alpha-homora-v2-is-coming-to-town/
You can follow @AlphaFinanceLab.
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