Since the last update of the Alpha Homora protocol to its second version, the microloan platform has experienced a growing influx of new users, which has spurred a rise in the price of its token of more than 25%.
Despite the fact that in the first weeks it suffered a strong vulnerability in its security system that caused the theft of 37 million dollars, it reached an agreement with Cream.finance to replace these lost funds.
Two days ago, the Alpha team announced a future partnership with Compound, currently one of the most interesting and used DeFi applications on the internet.
On the Alpha Homora website we have a higher return on assets like Ethereum, unlike Compound, whose APY is ridiculously small.
This will incentivize many investors to request credits in Ethereum in Compound to take them to Alpha and thus take advantage of its APY.
Soon we will see another association with the BSC, it is one of their plans for this year 2021. The success of the BINANCE network is very powerful and it is impossible to be deaf. They have to be here too to capture a greater number of users and investors. All of this means higher commissions for them.
