# Alpaca Finance

Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart Chain. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.‌

ibTokens accumulate interest through their exchange rate; over time, each ibToken's value increases, becoming convertible into a larger amount of its underlying asset with every block, even while the number of ibTokens in your wallet stays the same. 

In Autofarm we provide the **auto-compounding service** for the ALPACA rewards, follow these guide in order to deposit the ibTokens in our vaults:

{% content-ref url="/pages/-MiSo70pF38AzCD10qTy" %}
[Lending (ibTokens) + Vaults](/autofarm-network/how-tos/use-autofarm-in-different-chains/binance-smart-chain-bsc/alpaca-finance/lending-ibtokens+vaults.md)
{% endcontent-ref %}

{% content-ref url="/pages/-MiSrwLj09\_Bh-9\_bx8b" %}
[Withdrawing + Unlending (ibTokens)](/autofarm-network/how-tos/use-autofarm-in-different-chains/binance-smart-chain-bsc/alpaca-finance/withdrawing+unlending-ibtokens.md)
{% endcontent-ref %}

Please also consider reading the Alpaca Finance documentation for any further detailed information:

{% embed url="<https://docs.alpacafinance.org/>" %}


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