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What is Alpha Homora?

Crypto Terms Glossary: What is Alpha Homora?

Alpha Homora is a service-based protocol built by Alpha Finance Labs designed to allow users to earn interest on their crypto deposits through standardized yield farming and leveraged derivative yield farming. Initially, Alpha Homora V1 is built for Ethereum and BNB Chain and allows users to participate as yield farmers, liquidity providers, ether (ETH) and BNB lenders, bounty hunters, and liquidators. Alpha Homora V2, which will be built initially for Ethereum, hopes to expand these capabilities by allowing for leveraged yield farming and the simultaneous use of multiple assets.

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