Qubit Joins Alpaca’s Grazing Range

Hey Bunny Fam,

We’re excited to announce a partnership with Alpaca Finance, in which you can participate in a new Grazing Pool, earn QBT rewards, and also get an exclusive NFT!

Grazing Range:

The Qubit Grazing Range Pool will go live on September 21st, 2021 UTC 1000. Once it opens, you’ll be able to open leveraged yield farming positions up to 2.0x on PancakeSwap’s QBT-BNB pair, which currently yields ~140% APR in CAKE Rewards.

As part of the Grazing Range program, you’ll also be able to stake ibALPACA for $176K USD in QBT rewards which will be distributed over 4 weeks.
Leveraged yield farmers in the QBT-BNB pool will also receive bonus ALPACA rewards, on top of the leveraged yield farming rewards and trading fees.

Grazing Range Reward Details

Total Rewards: 937,500 QBT (~$176k USD)
QBT Token: 0x17b7163cf1dbd286e262ddc68b553d899b93f526
Rewards Period: 4+ weeks
Rewards Start Block: 11,107,000 (Approx. Sep 21st, 2021 10 AM GMT)
Rewards End Block: 11,913,400 (Approx. Oct 19th, 2021 10 AM GMT)

Distribution Schedule:

Exclusive NFT Cards for Pool’s Stakers

Eligibility:
You must stake ibALPACA in the QBT Grazing Range pool before September 22nd, UTC 1000 (1 day after the pool opens) and stake until at least October 19th, UTC 1000 (a total of 27 days).

The NFT tier you receive will be based on the amount of ibALPACA staked.
Green Tier: Staked at least 500 ibALPACA
Silver Tier: Staked at least 5,000 ibALPACA
Gold Tier: Staked at least 50,000 ibALPACA

We’re excited to work with a great partner in Alpaca for this event! You can look forward to more partnerships like this for the overall ecosystem and maybe a few of our own ventures in the future.

Thanks and remember to KEEP CALM AND HOP ON!