Alpaca operates on the BInance Smart chain(BSC) platform, but its governance token is the ERC20 variety which enables participants to share in platform revenue in addition to decentralized governance.
In order to curb flash loans and manipulation of token prices, Alpaca finance is aided by Chainlink for its price oracle.
Alpaca uses BSC, therefore its programming languages are JavaScript, C#, C++, and Python.
Use of Native tokens in the ecosystem: ALPACA token is the cryptocurrency of Alpaca finance, which has 3 primary utilization among others
-xAlpaca token is utilized as a governance token which can be used for voting to dictate the direction of the protocol such as how protocol fees should be distributed to stakers. Fees are also accumulated from token burns beside the general protocol fees.
-Alpaca is designed to be inflationary in the long run due to its capacity to accumulate fees from token burns. Emissions are extremely controlled and tend to gradually decrease,regardless token burns will continue.
-Alpaca token burn is directly proportional to the utilization of the alpaca platform and the deflationary supply
-Alpaca token can be used to access exclusic farming opportunities through protocols with other platforms
-Alpaca is looking to integrate NFTs into their platform in the near future