Beefy is completely open source.
26 Aug 2023, 15:25
Beefy is completely open source.
Did you know we have compiled a list of all the major tokens on all the blockchains we are deployed on...
and it's accessible via npm?
We use this data to build a data rich user friendly interface. You can use it too!
Same news in other sources
1Beefy FinanceBIFI #715
26 Aug 2023, 17:51
Defi Protocol Highlight #2
@beefyfinance - Beefy Finance
The only Defi Yielding Protocol you will need.
Type: Yield Aggregator
Blockchain: Ethereum, Arbitrum, Polygon... 17 in total
TVL: 180 M
Token: $BIFI
Nowadays, with 20+ blockchains and 1000+ defi protocols, it is extremely hard to keep track of what is going on.
As an investor in crypto, finding juicy yield opportunity is always a must on top of my list.
@beefyfinance made it easy for us.
WHAT IS BEEFY FINANCE?
Beefy is a Decentralized, Multichain Yield Optimizer/aggregator that allows its users to earn compound interest on their crypto holdings.
In short, beefy finance summarizes and lists all the yielding opportunities for the users.
Users can search pools by blockchain, coin, or any defi metrics you can think of.
For example, if I want to provide liquidity on ETH/USDC, I can put that in and get all the results, on every blockchains, from every protocols.
Not only that, Beefy will even list out the APY, Daily earning %, TVL, and safety score.
It made it sooo much easier for investor to choose the best way to earn the best yielding.
WHAT IS $BIFI?
Yes, Beefy finance already have their token, $BIFI.
$BIFI is the native governance token of beefy finance, and these are the 3 ways you can use it:
1. Stake it and earn profit generated by Beefy
2. Position into LP for juicy yield
3. Use it for voting!
The current price of $BIFI ~$300 is down 90% of the ATH, and I do believe this is going back to at least $2000 in the bull market.
ALPHA & STRATEGY
A lot of protocols are integrating Beefy finance into their strategy, I can see how this grow even bigger, therefore I find $BIFI undervalued.
We all know that we can stake $BIFI and earn fees, but one interesting thing is that the APR on different chains is actually different.
Currently, the highest one is on Polygon, and is earning $WMATIC at a APY of 21%.
This is what I am going to do:
Buy $BIFI -> use beefy finance to find the highest APY
-> stake it and start earning!
*The process above can be applied to any token.
That's a wrap🫔
Thank you for reading!
If you enjoyed today's protocol highlight, please follow for more in the future!🫡
Defi Protocol Highlight #2. @beefyfinance - Beefy Finance. The only Defi Yielding Protocol you will need.
Defi Protocol Highlight #2
@beefyfinance - Beefy Finance
The only Defi Yielding Protocol you will need.
Type: Yield Aggregator
Blockchain: Ethereum, Arbitrum, Polygon... 17 in total
TVL: 180 M
Token: $BIFI
Nowadays, with 20+ blockchains and 1000+ defi protocols, it is extremely hard to keep track of what is going on.
As an investor in crypto, finding juicy yield opportunity is always a must on top of my list.
@beefyfinance made it easy for us.
WHAT IS BEEFY FINANCE?
Beefy is a Decentralized, Multichain Yield Optimizer/aggregator that allows its users to earn compound interest on their crypto holdings.
In short, beefy finance summarizes and lists all the yielding opportunities for the users.
Users can search pools by blockchain, coin, or any defi metrics you can think of.
For example, if I want to provide liquidity on ETH/USDC, I can put that in and get all the results, on every blockchains, from every protocols.
Not only that, Beefy will even list out the APY, Daily earning %, TVL, and safety score.
It made it sooo much easier for investor to choose the best way to earn the best yielding.
WHAT IS $BIFI?
Yes, Beefy finance already have their token, $BIFI.
$BIFI is the native governance token of beefy finance, and these are the 3 ways you can use it:
1. Stake it and earn profit generated by Beefy
2. Position into LP for juicy yield
3. Use it for voting!
The current price of $BIFI ~$300 is down 90% of the ATH, and I do believe this is going back to at least $2000 in the bull market.
ALPHA & STRATEGY
A lot of protocols are integrating Beefy finance into their strategy, I can see how this grow even bigger, therefore I find $BIFI undervalued.
We all know that we can stake $BIFI and earn fees, but one interesting thing is that the APR on different chains is actually different.
Currently, the highest one is on Polygon, and is earning $WMATIC at a APY of 21%.
This is what I am going to do:
Buy $BIFI -> use beefy finance to find the highest APY
-> stake it and start earning!
*The process above can be applied to any token.
That's a wrap🫔
Thank you for reading!
If you enjoyed today's protocol highlight, please follow for more in the future!🫡