$PACA takes a 5% cut of every trade in real bitcoin (cirBTC) and sends the bulk of it to everyone in the herd, by size of bag. Nothing to sign, nowhere to log in. If you own an alpaca, the sats find you.
Drop your wallet in. Every sat that has ever landed there gets counted, straight off the chain.
The easiest job in crypto. The alpaca does the heavy lifting.
Pick up some $PACA on Argus and leave it in your wallet. Congratulations, you are now working.
Somebody buys, somebody sells. Either way 5% of it becomes cirBTC, Circle's bitcoin, backed 1:1 by real BTC.
Most of that bitcoin is sliced up across the whole herd, bigger bags get bigger slices, and it lands in your wallet by itself.
February 9, 2011: one bitcoin is worth one dollar for the first time. February 10: a list of things you can buy with bitcoin includes alpaca wool socks, and the early bitcoiners adopt the alpaca. Nobody voted for it. It just stuck.
Alpaca wool socks become one of the first products you can buy with bitcoin. The forums turn them into a meme.
CoinDesk asks the question out loud: is the alpaca bitcoin's unofficial mascot?
The alpaca finally returns the favour, and pays its herd in bitcoin.
Every payout the herd has received, as it happens. Click any line to see it on the explorer.
The largest bags and the sats they have collected so far.
| # | wallet | $PACA | share | sats earned |
|---|---|---|---|---|
| the herd gathers at launch. | ||||
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