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Bagels Finance

BAGEL
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News

Hourglass V2 Proposal Introduced to Safeguard Satoshi Nakamoto's Bitcoin

Hourglass V2 Proposal Introduced to Safeguard Satoshi Nakamoto's Bitcoin

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Hourglass V2 proposal introduced by Hunter Beast aims to limit P2PK outputs to one per block to safeguard Satoshi Nakamoto's Bitcoin holdings from quantum threats.
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Maria Fernandez

Senator Ted Cruz Advocates for Permanent Ban on CBDCs

Senator Ted Cruz Advocates for Permanent Ban on CBDCs

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US Senator Ted Cruz is advocating for a permanent ban on central bank digital currencies (CBDCs) by filing an amendment to the 21st Century ROAD to Housing Act, aiming to eliminate the temporary ban set to expire on December 31, 2030.
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Gustavo Mendoza

Surge in Solana ETFs Reflects Growing Institutional Interest

Surge in Solana ETFs Reflects Growing Institutional Interest

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Surge in Solana Spot ETFs indicates strong institutional demand despite bearish pressures.
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Rajesh Kumar

Jake Claver Predicts XRP Could Reach Three or Four Digits by 2026

Jake Claver Predicts XRP Could Reach Three or Four Digits by 2026

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Financial commentator Jake Claver suggests that XRP's price could surge to three or four digits by 2026, contingent on institutional adoption.
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Miguel Rodriguez

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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