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Bagels Finance

BAGEL
Official links

News

Ripple Case Approaches Final Judgment Amid Market Speculation

Ripple Case Approaches Final Judgment Amid Market Speculation

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The Ripple case is nearing a final judgment, with market focus shifting to potential penalties and changes required by the court.
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Tomas Novak

Coinbase Launches Smart Wallet to Enhance User Experience

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Coinbase introduces a smart wallet aimed at simplifying the onboarding process for users into its layer2 ecosystem, Base.
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Katerina Papadopoulou

Solana ETF Filing Discussion Shifts Focus to Operational Mechanics

Solana ETF Filing Discussion Shifts Focus to Operational Mechanics

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The discussion around Solana ETFs is shifting from speculation to the operational details necessary for regulatory approval, highlighting the importance of custody, trust structure, and operational mechanics.
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Li Weicheng

Investors Urged to Monitor SEC Responses and Custody Disclosures

Investors Urged to Monitor SEC Responses and Custody Disclosures

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Investors should pay attention to SEC responses and custody disclosures regarding Solana ETFs as they will significantly impact the market.
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Leo van der Veen

What is Bagels Finance?

Bagels Finance is a leveraged Yield farming cross-chain aggregation protocol deployed on Heco/BSC/Ethereum Layer2. Lenders can deposit ETH, WBTC, USDT, DAI, BNB, HT and other assets into smart contracts to obtain the highest interest return in the market. Borrowers can use 2-10x leverage to borrow money, resulting in up to 2-10x mining returns and BAGLE borrowing mining rewards, providing better liquidity for LP mining and decentralized transactions in Ethereum, BSC and HECO ecosystem. Bagels optimizes transaction processes to maximize liquid mining positions and maximize returns for miners. Deposit users in addition to can get high interest, but also can get deposit mining income, borrowing users can get leverage mining income, according to deposit and borrow the share of the corresponding BAGEL governance token reward. Holders of the currency can pledge BAGEL to participate in DAO's decentralized governance, become a board member of Bagels Finance, and receive a 50% dividend on Bagels platform revenue. One of the biggest highlights of Bagels is the implementation of multi-chain leveraged liquidity mining. Bagels V1 will be deployed in BSC/HECO/Polygon tri-chain, enabling vault farming and leveraged farming of multiple mainstream assets. At Bagels, utilization rate of the deposit pool can be up to 99%.Users' deposit rates will generally be higher than other DeFi lending platforms. The borrowing rate depends on the leverage multiple chosen by the user. The higher the leverage multiple, the higher the interest rate will be, but the borrower can get BAGEL rewards for leveraged mining.

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