Alpaca Finance Announces Token Swap on November 23rd

Name: Token Swap
Start: 2023-11-23T00:00:00Z
End: 2023-11-30T00:00:00Z

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Alpaca Finance is initiating the batch 3.0 migration as per AIP-25. The process begins with the opening of new LYF positions borrowing BUSD, while ALPACA borrowing will be disabled. This is set to be on November 23rd.

On November 30th, any remaining LYF positions borrowing BUSD and ALPACA will be closed. Any remaining funds at this point will be dealt with accordingly. This marks the end of the migration process.

Event date: November 23 to 30, 2023 UTC

What is a coin swap (token swap)?

A coin swap is a process of cryptocurrency migration from one blockchain to another. It may be due to a hard fork (coin swap) or a mainnet launch (token swap). Holders need to follow swap guides in order not to lose their cryptocurrency.

Alpaca Finance 🦙δ0
@AlpacaFinance

Per AIP-25, we will be executing the batch#3 migration according to the timeline below:

➡️Today: Opening new LYF positions borrowing BUSD, and ALPACA will be disabled

➡️Thursday nov 30th, any remaining LYF positions borrowing BUSD and ALPACA will be closed. Any remaining funds…

ALPACA Price Changes After Event Publication

ALPACA Events on the Chart

3.08%

1 day

3.56%

2 days

11.85%

Now (Added 1 year ago)

The event is about to begin