Important Protocol Update
Alpaca Finance announces the closure of AF1.0 farming pools due to low liquidity concerns. Key changes:
- All AF1.0 farming pools will be sunset within 24 hours
- Only Pancakeswap BNB-USDT pool remains active
- Active positions will auto-close with assets returned to owners
- Loan repayments will be processed automatically
This follows earlier changes including discontinuation of self-balancing pool farms. The protocol prioritizes user safety and asset security during this transition.
Due to low liquidity in the underlying LP pools, we will sunset all the AF1.0 farming pools EXCEPT the Pancakeswap BNB-USDT pool in the next 24 hours. 鈻讹笍Active positions will be automatically closed and assets, after paying back loan, returned to positions' owners 鈻讹笍This is to
DOJ Cleared to Sell Seized Bitcoins, UK Updates Staking Rules, Coinbase Gets Appeal

A federal judge has authorized the DOJ to sell 69,370 Bitcoins seized from Silk Road, marking the government's largest crypto confiscation. The U.S. Marshals Service typically auctions seized crypto, with recent wallet activity suggesting preparation for sale. The UK Treasury has modified regulations to exclude crypto staking from collective investment scheme classification. Effective January 31, the change recognizes staking as blockchain validation rather than investment pooling, providing regulatory clarity. A NY court granted Coinbase's request for interlocutory appeal, temporarily pausing SEC litigation. This allows review of Howey Test application to crypto-assets, after SEC alleged Coinbase operated as an unregistered exchange.
Alpaca Finance Completes 199th Weekly Token Burn

Alpaca Finance has completed its 199th weekly buyback and burn, removing 8,888 $ALPACA tokens (~$1.4k) from circulation. Key metrics: - 118 out of 124 weeks were deflationary - Total burned: 34.62M+ tokens (18.41% of supply) - Cumulative user revenue distribution: ~$4.24M The protocol maintains consistent weekly burns of 8,888 tokens, demonstrating sustained deflationary pressure over a 2-year period. View detailed burn statistics in the [public spreadsheet](https://docs.google.com/spreadsheets/d/1p575wd1bbkNsd31Ic25sKnyIKhf5SM_xaqDkUbru46M/edit#gid=0).
Alpaca Finance Institutional Newsletter #112
Key developments in the crypto space: - OpenSea Foundation hints at OCEAN token launch through cryptic X post, with preparations including Cayman Islands registration - Bitwise launches Solana Staking ETP on Deutsche B枚rse AG, enabling European investors to gain SOL exposure with staking benefits - Rumble receives $775M investment from Tether, including $250M for growth and tender offer for 70M shares at $7.50 *Notable Updates:* - Deutsche Bank developing L2 blockchain on Ethereum - Trump appoints Bo Hines to head crypto council - Ohio proposes state-backed bitcoin reserve - Jump Crypto subsidiary settles with SEC for $123M Stay informed on these developments through our official channels.